- 23 Oct 2022
- •
- < 1 min read
Stamp Duty Land Tax changes from 23 September 2022
In the ‘mini-budget’ announced by the Chancellor on 23 September, some changes were made to the thresholds at which Stamp Duty Land Tax (SDLT) becomes payable. These changes affect all residential purchases completing on or after 23 September 2022.
Stamp Duty Land Tax rates in general
The first change is increasing the price from which SDLT becomes payable, from £125,000 to £250,000 – so for all purchases where the purchase price is less than £250,000 there is now no SDLT to pay at all.
The new Stamp Duty Land Tax rates are:
