Stamp duty is charged on the documents by which certain types of property are transferred to new owners - e.g. it is charged on the conveyance of a freehold house.

Stamp Duty and Stamp Duty Land Tax
Land and buildings (on full consideration paid)
Rate Residential property* Non-residential



Disadvantaged areas Other £
£ £
Nil 0 - 150,000 0 - 125,000 0 - 150,000
1%* 150,001 - 250,000* 125,001 - 250,000* 150,001 - 250,000
3% 250,001 - 500,000 250,001 - 500,000 250,001 - 500,000
4% 500,001 - £1m 500,001 to £1m Over 500,000
5% Over £1m** Over £1m**  

* Relief available for first time buyers for transactions with an effective date on or after 25 March 2010 and before 25 March 2012.

** For transactions with an effective date on or after 6 April 2011.

Shares and securities - rate 0.5%.