Stamp Duty Land Tax
Rates for non-residential and mixed land and property
You pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price (or 바카라 사이트˜consideration바카라 사이트™) when you pay £150,000 or more for non-residential or mixed (also known as 바카라 사이트˜mixed use바카라 사이트™) land or property.Ìý
You must still send an SDLT return for most transactions under £150,000.
Non-residential property includes:
- commercial property, for example shops or offices
- property that is not suitable to be lived in and cannot be made suitable (for example, there is a high risk of structural collapse or the property is radioactive)
- forests
- agricultural land that바카라 사이트™s part of a working farm or used for agricultural reasons
- any other land or property that is not part of a dwelling바카라 사이트™s garden or grounds
- 6 or more residential properties bought in a single transaction
You pay residential SDLT rates on agricultural land if it바카라 사이트™s sold as part of the garden or grounds of a dwelling, for example a cottage with fields.
A 바카라 사이트˜mixed바카라 사이트™ property is one that has both residential and non-residential elements, for example a flat connected to a shop, doctor바카라 사이트™s surgery or office.
Use the to work out how much tax you바카라 사이트™ll pay.
Freehold sales and transfers
You can also use this table to work out the SDLT rate for a lease premium.Ìý
| 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 freehold commercial property for £275,000, 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 £25,000 = £1,250
- Total SDLT = £3,250
New leasehold sales and transfers
When you buy a new non-residential or mixed leasehold you pay SDLT on both the:Ìý
- purchase price of the lease (the 바카라 사이트˜lease premium바카라 사이트™) using the rates above
- value of the annual rent you pay (the 바카라 사이트˜net present value바카라 사이트™)ÌýÌý
These are calculated separately then added together.
If you buy an existing (바카라 사이트˜assigned바카라 사이트™) lease, you only pay SDLT on the lease price (or 바카라 사이트˜consideration바카라 사이트™).
The net present value (NPV) is based on the total rent over the life of the lease. You do not pay SDLT on the rent if the NPV is less than £150,000.Ìý
| Net present value of rent | SDLT rate |
|---|---|
| £0 to £150,000 | Zero |
| The portion from £150,001 to £5,000,000 | 1% |
| The portion above £5,000,000 | 2% |
How much you바카라 사이트™ll pay
You can work out how much SDLT you바카라 사이트™ll pay for your non-residential lease using HM Revenue and Customs바카라 사이트™ (HMRC):
You may pay a higher rate of SDLT for multiple purchases or transfers from the same seller.