England and Northern Ireland
Purchases completed on or after 1 April 2022
Purchase consideration
Rate – on portion above threshold
Rate if second or subsequent property
0 to £250,000*
0%
3%
£250,001 to £925,000
5%
8%
£925,001 to £1.5 million
10%
13%
Over £1.5 million
12%
15%
Note – there is a 2% surcharge in addition to the rates above where the purchaser is non-UK resident
* For first-time buyers, where consideration is no more than £625,000, the 0% band is increased to£425,000 and the 5% rate applies to any consideration above £425,000 up to £625,000.
Wales
Purchases completed on or after 10 October 2022
Purchase consideration
Rate – on portion above threshold
0 to £225,000
0%
£225,001 to £400,000
6%
£400,001 to £750,000
7.5%
£750,001 to £1.5 million
10%
Over £1.5 million
12%
Additional property purchases
Purchase consideration
Rate – on portion above threshold
0 to £180,000
4%
£180,001 to £250,000
7.5%
£250,001 to £400,000
9%
£400,001 to £750,000
11.5%
Over £1.5 million
16%
£750,001 to £1.5 million
14%