Stamp duty CGT IHT – Rates and threshholds 

Stamp Duty Tax Rates and Thresholds England and Northern Ireland

Band (20/21) Existing residential SDLT rates Additional property SDLT rates
£0* – £500k 0% 3%
£500k – £925k 5% 8%
£925k – £1.5m 10% 13%
£1.5m + 12% 15%

 

NB From 1st April 2021 non-residents will have to pay an additional 2% surcharge.

Capital Gains Tax Rates and Thresholds

Band (20/21) Residential Properties Non- Residential Properties and other Assets
£0 – £37,500 maximum* 18% 10%
£37,500+ 28% 20%

*The £37,500 basic rate band is available to the extent that it has not been used by income.

 Inheritance Tax Death Rates and Thresholds

Band (20/21) 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 (20/21) UK Limited Companies
All profits 19%

Do you have a question for our experts?

If there’s a property tax issue that has you puzzled or worried, get in touch. Everyone on our team loves to talk, especially when it helps people like you find peace of mind.