Search the Harold Smith Website
Some sort of text

Starting a business
We offer help and advice and are always on hand in the critical early stages when... more >

Running a business
Apart from the figures that need preparing and interpreting there are all the other responsibilities to be discharged; legal duties... more >

Inheritance tax
There is a concern in many families as family-homes are increasing in value... more >

Personal taxes including Capital Gains Tax
Direct taxation on individuals includes capital gains tax and national insurance and the latter can increase... more >

Business taxes
Business is taxed either as individuals (sole traders and partnerships) or as companies by Corporation Tax... more >

Useful resources
We have gathered together an immense amount of information to help business people, their staff, customers and families in their everyday... more >

Stamp Duty

2007-08
onwards

2006-07

Stocks and shares:

0.5%

0.5%

Stamp duty reserve tax:

0.5%

0.5%


Stamp duty land tax on property<ps_info>from 3rd September 2008 to 2nd September 2009 the figures of £125,000 in this table should read £175,000 under an emergency government measure</ps_info>
<£125,000<ps_info> £150,000 for non-residential and 0% up to £150,000 for residential property in disadvantaged areas</ps_info>

0%

0%

£125,000 to £250,000<ps_info> £150,000 for non-residential and 0% up to £150,000 for residential property in disadvantaged areas</ps_info>

1%

1%

£250,000 to £500,000<ps_info>0% up to £150,000 for residential property in disadvantaged areas</ps_info>

3%

3%

>£500,000<ps_info>0% up to £150,000 for residential property in disadvantaged areas</ps_info>

4%

4%

  • All figures are calculated inclusive of VAT
  • For new zero-carbon homes 0% extends to £500,000 from 1st October 2007
  • On transfers of leases duty is paid on the Net Present Value (NPV) of the lease.