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Buy to Let Tax

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Stamp Duty Land Tax is payable on the acquisition of properties, including buy-to-let properties. The amount varies depending on the price of the property.

The current rates of Stamp Duty (from 1 April 2016) for buy-to-let properties where the individual already owns at least one property are:


• 3% tax on the first £125,000

• 5% on the portion up to £250,000

• 8% on the portion up to £925,000

• 13% on the portion up to £1.5 million

• 15% on everything over that


Any clients purchasing an additional property will be charged these new rates. This will include holiday lets but also buying a property for children if the parents leave their name on the title deeds or vice versa. Stamp Duty has to be paid within 30 days of completion of the purchase of the property, although the amount of Stamp Duty paid is deductible from any capital gains made when the property is sold or gifted.

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