Stamp duty on £325,000 by buyer and nation
| Home mover | First-time buyer | Additional property | |
|---|---|---|---|
| England and Northern Ireland (SDLT) | £6,250 | £1,250 | £22,500 |
| Scotland (LBTT) | £5,850 | £5,250 | £31,850 |
| Wales (LTT) | £6,000 | £6,000 | £22,450 |
How it is calculated (England and Northern Ireland)
- 0% on the first £125,000 = £0
- 2% on the next £125,000 = £2,500
- 5% on the next £75,000 = £3,750
- Total: £6,250
First-time buyer: 0% on the first £300,000 = £0; 5% on the next £25,000 = £1,250. Total £1,250.
Additional property: the standard £6,250 plus 5% of the whole price (£16,250) = £22,500.
Scotland and Wales
- Scotland (LBTT): £5,850 for a home mover, £5,250 for a first-time buyer and £31,850 with the 8% Additional Dwelling Supplement.
- Wales (LTT): £6,000 at the main rates (also for first-time buyers) and £22,450 at the higher rates for an additional property.
Frequently asked questions
How much is stamp duty on £325,000?
£6,250 in England and Northern Ireland for a home mover, £1,250 for a first-time buyer and £22,500 for an additional property.
How much stamp duty on £325,000 for a first-time buyer?
£1,250 in England and Northern Ireland, £5,250 in Scotland and £6,000 in Wales, which has no first-time buyer relief.
Is stamp duty charged on the whole price?
No. Each rate only applies to the part of the price inside its band, like Income Tax. The exception is the surcharge for additional properties, which is charged on the whole price.