| Tax Band | Normal Rate | Additional Property |
|---|---|---|
| less than £500k | 0% | 3%* |
| £500k to £925k | 5% | 8% |
| £925k to £1.5m | 10% | 13% |
| rest over £1.5m | 12% | 15% |
| * An additional property purchased for less than £40k will attract 0% tax. For purchases from £40k to £500k the SDLT rate will be 3% on full purchase price. The SDLT rates above apply to freehold residential purchases in England and Northern Ireland. | ||