TOP

Stamp Duty Calculator

For a Purchase Price of £1,000,000 the Stamp Duty Land Tax (SDLT) due to be paid is £41,250 (an effective percentage of 4.13%), giving a total cost of £1,041,250.

This calculation assumes that the property is a Residential purchase that will be your sole residence and will attract the standard rate of SDLT. If this purchase is for a second home or other use then you may be required to pay the higher rate of SDLT. Please see the UK Government SDLT website for further information.

Calculation - Standard Rate

BandAmount in BandPercentageSDLT Due
Up to £250,000£250,0000%£0
£250,000 to £925,000£675,0005%£33,750
£925,000 to £1,500,000£75,00010%£7,500
Above £1,500,000£012%£0
TOTAL£1,000,0004.13%
(effective rate)
£41,250

Calculation Parameters

Rightmove Logo The Property Ombudsman Logo Trading Standards Approved Code Logo