Reduced rates of Stamp duty Land Tax (SDLT) will apply for residential properties purchased from 8 July 2020 until 31 March 2021.
Information on this page will be updated shortly to reflect these changes. You can use the SDLT calculator to work out how much tax you’ll pay.
At Budget 2017, relief from SDLT was introduced for first time buyers. The relief applies from 22 November 2017 to purchases of residential property for £500,000 or less, provided the purchaser intends to occupy the property as their only or main residence.
On 29 October 2018 the relief was extended to first time buyers purchasing through approved shared ownership schemes who choose to pay SDLT in stages. This will apply from 22 November 2017.