Short answer
On a £300,000 home stamp duty is £5,000 for a standard buyer and nothing for a first-time buyer; at £500,000 it is £15,000 standard or £10,000 for a first-time buyer; at £1 million it is £43,750. Find your price in the table below.
1. SDLT table by purchase price
Rates used: 0% to £125,000, 2% to £250,000, 5% to £925,000, 10% to £1.5 million, 12% above. First-time buyers: 0% to £300,000, 5% to £500,000, no relief above £500,000. Additional property: +5% on every band. Non-UK resident: +2% on every band. Linked prices have their own page with the full working.
| Price | Main home | First-time buyer | Second home | Non-UK resident |
|---|---|---|---|---|
| £100,000 | £0 | £0 | £5,000 | £2,000 |
| £125,000 | £0 | £0 | £6,250 | £2,500 |
| £150,000 | £500 | £0 | £8,000 | £3,500 |
| £175,000 | £1,000 | £0 | £9,750 | £4,500 |
| £200,000 | £1,500 | £0 | £11,500 | £5,500 |
| £250,000 | £2,500 | £0 | £15,000 | £7,500 |
| £300,000 | £5,000 | £0 | £20,000 | £11,000 |
| £350,000 | £7,500 | £2,500 | £25,000 | £14,500 |
| £400,000 | £10,000 | £5,000 | £30,000 | £18,000 |
| £450,000 | £12,500 | £7,500 | £35,000 | £21,500 |
| £500,000 | £15,000 | £10,000 | £40,000 | £25,000 |
| £550,000 | £17,500 | n/a | £45,000 | £28,500 |
| £600,000 | £20,000 | n/a | £50,000 | £32,000 |
| £700,000 | £25,000 | n/a | £60,000 | £39,000 |
| £750,000 | £27,500 | n/a | £65,000 | £42,500 |
| £800,000 | £30,000 | n/a | £70,000 | £46,000 |
| £900,000 | £35,000 | n/a | £80,000 | £53,000 |
| £1,000,000 | £43,750 | n/a | £93,750 | £63,750 |
| £1,250,000 | £68,750 | n/a | £131,250 | £93,750 |
| £1,500,000 | £93,750 | n/a | £168,750 | £123,750 |
| £2,000,000 | £153,750 | n/a | £253,750 | £193,750 |
2. How to read the table
- The main-home column is the standard schedule and applies when this is your only residential property.
- First-time buyer shows n/a above £500,000 because relief is lost completely, and the standard column applies.
- Second home includes buy-to-let and holiday homes bought for £40,000 or more while you still own another home.
- Scotland and Wales use different taxes: see stamp duty vs LBTT vs LTT.
3. Frequently asked questions
How much is stamp duty on a £300,000 house?expand_more
In England and Northern Ireland the standard SDLT on £300,000 is £5,000. A first-time buyer pays nothing at this price, and a second home costs £20,000.
At what price do you start paying stamp duty?expand_more
Standard buyers pay nothing up to £125,000. First-time buyers pay nothing up to £300,000. Above those thresholds, only the slice over the threshold is taxed.
Why is there a jump in stamp duty at £500,000 for first-time buyers?expand_more
First-time buyer relief applies only if the price is £500,000 or less. At £500,001 the relief disappears and standard rates apply to the whole purchase, so the bill rises from £10,000 to £15,000.