Stamp Duty Land Tax (SDLT) Changes for 2025
The amount of tax you'll pay for purchasing new and additional properties is changing this year, find out more
Mar 19, 2025
Property, News, Tax
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What is Stamp Duty Land Tax (SDLT)?
When you buy a home in England or Northern Ireland, you may need to pay Stamp Duty Land Tax (SDLT). The amount depends on:
- When you buy the property
- How much you pay for it
- Whether you qualify for any reliefs or exemptions
Use our Stamp Duty Calculator to check how much you'll owe.
Rates Until 31 March 2025
If this is the only home you own, you'll pay:
| Property Price | SDLT Rate |
|---|---|
| Up to £250,000 | 0% |
| £250,001 to £925,000 | 5% |
| £925,001 to £1.5 million | 10% |
| Over £1.5 million | 12% |
Example
If you buy a house for £295,000 in October 2024:
- 0% on the first £250,000 = £0
- 5% on the remaining £45,000 = £2,250
- Total SDLT: £2,250
Rates from 1 April 2025
From April 2025, the tax thresholds will change:
| Property Price | SDLT Rate |
|---|---|
| Up to £125,000 | 0% |
| £125,001 to £250,000 | 2% |
| £250,001 to £925,000 | 5% |
| £925,001 to £1.5 million | 10% |
| Over £1.5 million | 12% |
Example
If you buy a house for £295,000 in April 2025:
- 0% on the first £125,000 = £0
- 2% on the next £125,000 = £2,500
- 5% on the remaining £45,000 = £2,250
- Total SDLT: £4,750
First-Time Buyer Relief
If this is your first home, you can claim a discount.
Until 31 March 2025
- No SDLT on homes up to £425,000
- 5% SDLT on the portion from £425,001 to £625,000
- No relief for homes over £625,000
Example
If you buy a £500,000 home:
- 0% on the first £425,000 = £0
- 5% on the remaining £75,000 = £3,750
- Total SDLT: £3,750
From 1 April 2025
- No SDLT on homes up to £300,000
- 5% SDLT on the portion from £300,001 to £500,000
- No relief for homes over £500,000
Example
If you buy a £500,000 home:
- 0% on the first £300,000 = £0
- 5% on the remaining £200,000 = £10,000
- Total SDLT: £10,000
Additional Property Tax
If you already own a residential property and buy another, you'll usually pay an extra 5% on top of standard SDLT rates.
However, if you're replacing your main residence and sell your old home within 36 months, you may be eligible for a refund.
Non-UK Residents
If you haven't spent at least 183 days in the UK in the 12 months before your purchase, you'll be classed as a non-UK resident for SDLT purposes.
- Non-UK residents pay an extra 2% surcharge on top of the standard rates.
- This applies even if you are a first-time buyer or buying an additional property.
More Information
Use our Stamp Duty Calculator to estimate how much tax you'll need to pay.