All Current Stamp Duty Thresholds
| Region | Nil-rate threshold | Top rate |
|---|---|---|
| England / NI (SDLT) — standard | £125,000 | 12% above £1.5m |
| England / NI (SDLT) — first-time buyer | £300,000 | n/a above £500k (relief lost) |
| Scotland (LBTT) — standard | £145,000 | 12% above £750k |
| Scotland (LBTT) — first-time buyer | £175,000 | 12% above £750k |
| Wales (LTT) — standard | £225,000 | 12% above £1.5m |
| Wales (LTT) — second home | £0 (no nil band) | 17% above £1.5m |
Previous stamp duty rates & thresholds
The England/NI standard nil-rate threshold has moved several times since 2020. If you are checking what you should have paid on a past purchase, match your completion date to the row below:
| Completion date | Standard nil-rate threshold (England/NI) |
|---|---|
| From 1 April 2025 | £125,000 |
| 23 September 2022 – 31 March 2025 | £250,000 |
| 1 October 2021 – 22 September 2022 | £125,000 |
| 1 July 2021 – 30 September 2021 | £250,000 |
| 8 July 2020 – 30 June 2021 (SDLT holiday) | £500,000 |
| Up to 7 July 2020 | £125,000 |
The additional-property (second home / buy-to-let) surcharge was introduced at 3% on 1 April 2016 and raised to 5% on 31 October 2024. Scotland (LBTT) and Wales (LTT) set their own thresholds and have their own change histories.
Frequently Asked Questions
The nil-rate threshold is £125,000 in England/NI (standard), £300,000 for first-time buyers, £145,000 in Scotland (£175,000 for first-time buyers), and £225,000 in Wales. Second homes in Wales have no nil-rate band at all.
The England/NI thresholds shown here apply from 1 April 2025. Scotland and Wales bands are current for the 2025/26 and 2026/27 tax years per Revenue Scotland and the Welsh Revenue Authority.
The England/NI standard nil-rate threshold was £500,000 during the SDLT holiday (8 July 2020 – 30 June 2021), £250,000 in the taper to 30 September 2021, back to £125,000 from 1 October 2021, £250,000 again from 23 September 2022, and £125,000 from 1 April 2025. The additional-property surcharge was 3% from April 2016 and 5% from 31 October 2024.