SDLT Factsheet: Higher rates for additional dwellings

The rules surrounding the rates of Stamp Duty Land Tax for additional properties are complex and confusing. This factsheet outlines the various conditions which determine whether or not the higher rates apply when purchasing a residential property.

Since 1 April 2016, an additional set of Stamp Duty Land Tax rates applies for purchases of certain residential properties. These rates increase the Stamp Duty Land Tax due by the equivalent of 5% of the purchase price. It is the circumstances of the purchaser(s) that determine whether the higher rates apply.