Stamp Duty Flashcards
(4 cards)
1
Q
SDLT Resi
A
250k or less = no stamp duty
then 5%, 10% depending on rates
first time buyer relief if property is less than 625k
- no SDLT on first 425k then 5% on rest
second property - additional 3% on top of normal SDLT
2
Q
SDLT Non-Resi
A
none payable up to 150k
then 2%, 5%
3
Q
LTT key points
A
no relief for first time buyers
none payable up to 225k for non resi and resi
4
Q
A