Estate Agents - Carmarthen - Carmarthenshire - Contact Deails


Stamp Duty Land Tax Thresholds:

Residential Land or Property SDLT rates and thresholds

Purchase price/lease premium or
transfer value
SDLT Rate
SDLT Rate
First Time Buyer
Up To £125,000
Zero
Zero
Over £125,000 to £250,000
1%
Zero
Over £250,000 to £500,000
3%
3%
Over £500,000
4%
4%

If the value is above the payment threshold, SDLT is charged at the appropriate rate on the whole of the amount paid. For example, a house bought for £130,000 (by someone who is not a first-time buyer) is charged at 1 per cent, so £1,300 must be paid in SDLT. A house bought for £350,000 is charged at 3 per cent, so SDLT of £10,500 is payable.


First time buyers

The first time buyer's £250,000 threshold applies from 25 March 2010 up to 24 March 2012 inclusive.

 

 


Gerald R Vaughan, 27 Lammas Street, Carmarthen, Carmarthenshire, SA31 3AL
Tel: 01267 220424     Fax: 01267 238779     Email: enquiries@geraldvaughan.co.uk