Stamp Duty 2012

No changes to the main rates and thresholds for Stamp Duty Land Tax have been announced at Budget 2011. The Government has announced changes to the SDLT rules for bulk purchases of residential properties from Royal Assent to Finance Bill 2011.
 
 
Stamp Duty Land Tax
                               Threshold 2010-11
Rate                Residential                        Non-residential
 0%              £0 - 125,000                     £0 - 150,000
 1%         £125,001 - 250,000            £150,001 - 250,000
 3%         £250,001 - 500,000            £250,001 - 500,000
 4%            Over £500,000                   Over £500,000
 5%                   N/A                                   N/A
 
                         Threshold 2011-12
Rate                Residential                        Non-residential
 0%              £0 - 125,000                     £0 - 150,000
 1%         £125,001 - 250,000            £150,001 - 250,000
 3%         £250,001 - 500,000            £250,001 - 500,000
 4%       £500,001 - £1,000,000             Over £500,000
 5%          Over £1,000,000                         N/A
 
Stamp Duty and Stamp Duty Reserve Tax
Band                        2010-11                2011-12
Standard rate           0.5%                  0.5%
Higher rate               1.5%                  1.5%

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