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Stamp Duty Land Tax

When you buy a home, you usually have to pay a tax to the government. This tax is called Stamp Duty Land Tax. How much you pay depends on how much your home costs. The table below explains:

Up to £125,000 0%
£125,001 - £250,000* 1%
£250,001 - £500,000 3%
£500,001+ 4%

*Until March 2012, first-time buyers do not have to pay any Stamp Duty Land Tax on homes up to £250,000.

Disadvantaged areas
In some areas, which the government describes as ‘disadvantaged’, you don’t have to pay any stamp duty land tax if the home you’re buying costs £150,000 or less. Find out more about ‘disadvantaged areas’.

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