Based on property / land value of £625,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
or purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
625000.00
Property Ombudsman Membership No Lettings; D11759 Sales & Block Management; DO1346 | Client Money Protect Membership No: CMP008866 | VAT Number Sales; 724 939 995 Lettings; 121 414 369 | Company Reg: Christian Reid Lettings Ltd; 7932385 Christian Reid Block Management Ltd; 11532240