Based on property / land value of £55,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
less than £125k
0
£
£
£125k to £250k
2
£
£
£250k to £925k
5
£
£
£925,001 - £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
If a property is greater than £500,000 you are not eligable for Stamp Duty relief
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound.
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