Learn about
Stamp Duty
Land Tax

What is SDLT? 

What are the rates?

How do we calculate SDLT?

What is Stamp Duty?
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It’s a tax that you pay for buying a property. Over the years, the UK Government change the process to calculate by adding or changing reliefs depending on the circumstances.
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Unlike generic online stamp duty calculators, Compass’ complex algorithm runs in the background to ensure all 50 reliefs, plus exemptions and surcharges, are explored and applied where applicable. The result being the client pays the exact amount of Stamp Duty.
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No more, no less, no error, no confusion.

The Residential Tax Rates

Stamp Duty Land Tax (SDLT) is a tax applied to property and land purchases in England and Northern Ireland. The amount you pay depends on the purchase price, property type, and whether you’re a first-time buyer, homeowner, or investor. Different percentage rates apply depending on these factors, with higher rates for additional properties and reduced rates for eligible reliefs. Understanding the correct SDLT rate is crucial to ensuring you pay the right amount—no more, no less. Here, you'll find the current SDLT percentage rates based on your transaction type.

Basic rates payable
0%
The Zero Rate - up to £125,000 (or if a relief or exemption applies)
2%
The minimum rate where Multiple Dwelling Relief is claimed up to £250,000
5%
The next £675,000 up to £925,000 for wholly residential property
10%
The next £575,000 up to £1.5M for wholly residential property
12%
The remaining amount over £1.5M for wholly residential property
Plus possible Additional Rates on top
2%
An extra 2% rate is added where the buyer is nonresident in the UK
5%
Paid on purchases of additional properties or by companies buying residential property.
15%
The penalty rate applied to all the consideration where a single dwelling is bought by a Company (but there are reliefs available)
19%
The highest rate of SDLT - where a non-resident company buys a single dwelling (but there are reliefs available)

Hear from a fellow
conveyancer

Farnworth rose

Farnworth rose run a conveyancey firm in Lancashire. Farnworth Rose have been a Compass partner for over 2 years. See what Farnworth Rose have to say about using compass.

The leading calculator for developers and commercial investors.

Unlike other firms that have caused countless clients to overpay, we have a proven track record of saving our clients from unnecessary expenses.

In just three years, commercial investors have overpayments totalling a staggering £3.65 million. The largest single overpayment uncovered amounted to a staggering £2.15 million. Imagine what that could mean for your business! Our expertise and meticulous attention to detail have made a significant impact on our clients’ bottom line.

What’s even more alarming is that these overpayments weren’t the result of complex tax structures or convoluted regulations. It was simply a matter of continuous misunderstandings. Don’t let this happen to you.

By choosing Compass as your trusted partner, or by utilising a Compass conveyancer, you can ensure that your profits are never annihilated. Our team of experts is well-versed in the intricacies of tax calculations specifically tailored to developers and commercial investors. We leave no stone unturned to ensure that every aspect is accounted for, minimising your tax liability and maximising your profits.

Leases

Lease calculations can be complex and time-consuming. But with Compass, you can streamline the process and eliminate costly mistakes.

Say goodbye to laborious manual calculations and hello to a hassle-free experience. Trust Compass for precise lease calculations.

Our lease module covers the following:

the sale of a freehold;

the assignment of an existing lease; and

Grant of New lease where no prior lease exists (e.g. new tenant rather than existing tenant taking on a further lease);

lease surrenders;

surrender and regrant;

lease extensions;

hold-over leases following termination of oringal lease;

special case lease assignments treated as fresh grant of lease.

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