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bigduckontax, Accountant
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I am interested in purchasing a house for £950,000 what is

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i am interested in purchasing a house for £950,000 what is the stamp duty on this ?
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Submitted: 1 year ago.
Category: Tax
Expert:  bigduckontax replied 1 year ago.

Hello Dave, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.

Stamp Duty Land Tax (SDLT) would be 10%, GBP 95000. If you can get the price down to 925K however, the rate will be halved. If this is a second property you own then there will be a 3% surcharge to pay in addition.

Rather a lot, I fear. I do hope my reply has helped.

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Expert:  bigduckontax replied 1 year ago.

Thank you for your support.