|
Land and buildings (On full consideration paid) 2011/12 |
| 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% | Over 500,000 | 500,001 - 1,000,000 | 500,001 or more |
| 5% | N/A | 1,000,001 or more | N/A |
|
*0% stamp duty for first time buyers on purchases of up to £250,000 from 25 March 2010 to 24 March 2012.
Leases are charged at 1% where the net present value of rents exceeds £125,000 (residential) or £150,000 (non-residential)
New zero-carbon homes and flats up to £500,000 pay no stamp duty (over £500,000 - 4% less £15,000) until 1 October 2012.
Shares and securities - 0.5% rounded up to next multiple of £5 (i.e. £5 per £1000 of consideration or part thereof). No charge for consideration under £1,000.
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