Price threshold |
Land Transaction Tax rate |
|
The portion up to and including £180,000 |
0% |
|
The portion over £180,000 up to and including £250,000 |
3.5% |
Currently 0% until 30th June 2021 |
The portion over £250,000 up to and including £400,000 |
5% |
|
The portion over £400,000 up to and including £750,000 |
7.5% |
|
The portion over £750,000 up to and including £1,500,000 |
10% |
|
The portion over £1,500,000 |
12% |
|
Price threshold |
Land Transaction Tax rate |
The portion up to and including £150,000 |
0% |
The portion over £150,000 up to and including £250,000 |
1% |
The portion over £250,000 up to and including £1,000,000 |
5% |
The portion over £1,000,000 |
6% |
NPV threshold |
Land Transaction Tax rate |
The portion up to and including £150,000 |
0% |
The portion over £150,000up to and including £2,000,000 |
1% |
The portion over £2,000,000 |
2% |