Stamp duty CGT IHT – Rates and threshholds
Stamp Duty Land Tax Rates and Thresholds England and Northern Ireland
Existing residential SDLT rates
(no other property owned)
|Additional residential property SDLT rates|
|£0* – £125k||0%||3%|
|£125k to £250k||2%||5%|
|£250k – £925k||5%||8%|
|£925k – £1.5m||10%||13%|
*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%|
*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%|
|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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