Stamp Duty on Commercial Properties
On Thursday 17th March 2016, new SDLT (Stamp Duty Land Tax) rates were introduced for commercial properties.
Commercial Stamp Duty Rates
| Property or lease premium or transfer value | SDLT rate |
| Up to £150,000 | Zero |
| The next £100,000 (the portion from £150,001 to £250,000) | 2% |
| The remaining amount (the portion above £250,000) | 5% |
Example
If you buy a commercial property for £280,000, the SDLT you owe is calculated as follows:
0% on the first £150,000 = £0
2% on the next £100,000 = £2,000
5% on the final £30,000 = £1,500
Total SDLT = £3,500
The Stamp Duty rates for residential properties are different.
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