Stamp duty & stamp duty land Tax
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Rates on sales
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% of Total Consideration
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Shares and marketable securities
(nil if value up to £1,000)
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0.5%
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Land
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0 - threshold
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NIL
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Threshold - £250,000
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1%
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£250,001 - £500,000
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3%
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£500,001 and over
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4%
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The threshold is:
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£125,000
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general residential property
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£150,000
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residential in "disadvantaged areas"
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£150,000
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commercial property
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For the two years to 24.3.2012, first time buyers can claim relief from SDLT on purchases of up to £250,000 for property they intend to live in.
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