Stamp duty on a £200,000 property for home movers, compared
At £200,000, Wales is cheapest at £0 and England & Northern Ireland is priciest at £1,500.
England & Northern Ireland
SDLT on a £200,000 residential property in England & Northern Ireland for a home mover is £1,500.
| Band | Taxable amount | Rate | Charge |
|---|---|---|---|
| Up to £125,000 | £125,000 | 0% | £0 |
| £125,001 – £250,000 | £75,000 | 2% | £1,500 |
- You must file and pay within 14 days of completion.
Scotland
LBTT on a £200,000 residential property in Scotland for a home mover is £1,100.
| Band | Taxable amount | Rate | Charge |
|---|---|---|---|
| Up to £145,000 | £145,000 | 0% | £0 |
| £145,001 – £250,000 | £55,000 | 2% | £1,100 |
- You must file and pay within 30 days of completion.
Wales
LTT on a £200,000 residential property in Wales for a home mover is £0.
| Band | Taxable amount | Rate | Charge |
|---|---|---|---|
| Up to £225,000 | £200,000 | 0% | £0 |
- You must file and pay within 30 days of completion.
England & Northern Ireland costs £1,500 more than Wales here. England & Northern Ireland has a 2% marginal rate above £125,000, while Wales pays nothing here — the price sits entirely within the nil-rate band.
Advertisement