Stamp duty CGT IHT – Rates and threshholds 

Home 9 Stamp duty CGT IHT – Rates and thresholds

The important Stamp Duty rates and thresholds for England and Northern Ireland.

Stamp Duty Land Tax Rates and Thresholds England and Northern Ireland
Band 

Existing residential SDLT rates

(no other property owned)

 Additional residential property SDLT rates
£0* – £250k 0% 3%
£250k – £925k 5% 8%
£925k – £1.5m 10% 13%
£1.5m + 12% 15%

*The additional 3% charge does not apply where the property is purchased for less than £40,000.

Non-residents have to pay an additional 2% surcharge if the property purchase is more than £40,000.

Capital Gains Tax Rates and Thresholds
Band  Residential Properties Non- Residential Properties and other Assets
£0 – £37,700 maximum* 18% 10%
£37,700+ 28% 20%

*The £37,700 basic rate band is available to the extent that it has not been used by income.

 Inheritance Tax Death Rates and Thresholds
Band  Standard Rates Years between gift and death Gift Rates
£0* – £325k 0% Less than 3 40%
£325k + 40% 3 to 4 32%
If 10%+ of Estate gifted to charity 4 to 5 24%
£325k + 36% 5 to 6 16%
6 to 7 8%
7 or more 0%

 

Corporation Tax
Band  UK Limited Companies
All profits 19% (From 1st April 2023 where profits of a sole owned company are in excess of £50,000, rate increases to 25% on all profits where profits of a sole company are in excess of £250,000 and a marginal rate of          26.5% applies to profits between £50,000 and £250,000 where no other companies under common control)

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