Stamp Duty on Leases

Stamp Duty on Leases

Stamp Duty Land Tax is a tax you may need to pay when taking on leases in the UK. It can be a major expense, particularly for longer commercial leases or higher-value properties. What Stamp Duty Covers Stamp Duty applies to two elements of a lease: The Premium (the...
Stamp Duty Reserve Tax

Stamp Duty Reserve Tax

Stamp Duty Reserve Tax (SDRT) is a tax on certain electronic purchases of shares and other securities. HMRC normally charges SDRT at 0.5% of the purchase price. For example: A £10,000 qualifying share purchase would usually create a £50 SDRT charge. Most online share...
Stamp Duty Land Tax

Stamp Duty Land Tax

Stamp Duty Land Tax (SDLT) applies to most property and land transactions. It can affect: Freehold purchases Leasehold purchases Shared-ownership homes Commercial properties SDLT can also apply when you take on a mortgage debt during a property transfer. Therefore, a...
New lower temporary SDLT threshold

New lower temporary SDLT threshold

The residential stamp duty land tax (SDLT) threshold applying in England and Northern Ireland was temporarily increased to £500,000 from 8 July 2020 to 30 June 2021 (extended from the original end date of 31 March 2021). From 1 July 2021 to 30 September 2021, a new...