How the calculator works
Each tax is charged in slices: every rate applies only to the part of the price within its band, and the slices are added together. The calculator shows each slice, so you can see exactly where the tax comes from.
- England and Northern Ireland: Stamp Duty Land Tax (SDLT). 0% up to £125,000, 2% to £250,000, 5% to £925,000, 10% to £1.5 million and 12% above.
- Scotland: Land and Buildings Transaction Tax (LBTT). 0% up to £145,000, 2% to £250,000, 5% to £325,000, 10% to £750,000 and 12% above.
- Wales: Land Transaction Tax (LTT). 0% up to £225,000, 6% to £400,000, 7.5% to £750,000, 10% to £1.5 million and 12% above.
First-time buyers
In England and Northern Ireland you pay nothing up to £300,000 and 5% from £300,001 to £500,000, as long as every buyer is a first-time buyer who will live in the home. In Scotland the 0% band rises to £175,000. Wales has no first-time buyer relief.
Second homes and buy-to-let
Buying a property of £40,000 or more when you already own a home means higher rates: 5 percentage points extra on every band in England and Northern Ireland, an 8% Additional Dwelling Supplement on the whole price in Scotland, and Wales’s higher LTT rates. If the new home replaces your main residence, the higher rates don’t apply, or can be claimed back once you sell your old home within the time limit.
What this calculator doesn’t include
Shared ownership, leasehold rent, mixed-use and commercial property, and company purchases. For those, use the official calculators from HMRC, Revenue Scotland or the Welsh Revenue Authority.