skip to main content

Stamp Duty Land Tax

This is a tax paid by house buyers according to the price of the property being purchased. The threshold is £125,000 for residential property and £150,000 for commercial property. In 'disadvantaged areas', commercial property is exempt and the residential threshold is £150,000.

Purchase Price   SDLT Rate
0 - threshold  Nil
Threshold - £250,000  1%
£250,001 - £500,000  3%
£500,001 and over  4%

First time buyers do not pay stamp duty on homes costing up to £250,000.  The scheme, which commenced on 25.03.10, will last for two years.

Contact:
Dundee: Donald Hutcheson, Lindsay Darroch , Joanne Grimmond
Angus: Steve Swinton, Petra Grunenberg