BTL and second homes pay a 5% surcharge above standard residential SDLT rates. Non-UK residents pay an additional 2% surcharge. Scotland (LBTT) and Wales (LTT) operate on separate scales. Multiple Dwellings Relief was abolished on 1 June 2024; purchases of six or more dwellings in a single transaction can still use the lower non-residential rates.
Tax term
SDLT
Tax on property purchases in England and Northern Ireland.
Also known as
Stamp Duty Land Tax, Stamp Duty
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