By price
Stamp duty on a £600,000 property
Above the English relief limit, below the old one, and squarely in the range where a company pays 17%.
Checked by Radif Partners · Editorial policy · How we calculate
A £600,000 home in England or Northern Ireland costs £20,000 of Stamp Duty Land Tax for anyone buying their only home, and that includes first-time buyers: the price is above the £500,000 limit of first-time buyer relief, so the standard table applies to the whole amount. Until 31 March 2025 the relief reached £625,000, and the same first-time buyer paid £8,750; the change costs £11,250 at this price. An individual buying a second home or a buy-to-let pays £50,000. A company pays 17% of the whole price, £102,000, unless it qualifies for a relief such as a property rental business, in which case it pays the higher rates, £50,000. In Scotland the purchase costs £33,350 of LBTT, or £32,750 for a first-time buyer, whose relief has no price limit. In Wales it costs £25,500 of Land Transaction Tax, the lowest of the three.
More options: commercial property, company relief
Stamp Duty Land Tax · England and Northern Ireland
£20,000
3.3% of £600,000 · rule applied: Standard residential rates
| Portion | Rate | Tax |
|---|---|---|
| £0 to £125,000 | 0% | £0 |
| £125,000 to £250,000 | 2% | £2,500 |
| £250,000 to £925,000 | 5% | £17,500 |
Return and payment due within 14 days of completion.
Same purchase elsewhere in the UK
A first home with no relief left
In England and Northern Ireland, first-time buyer relief is claimed only on a purchase of £500,000 or less. A £600,000 first home is £100,000 over, so the buyers pay what a family moving house would pay: £20,000, made of 2% on £125,000 and 5% on £350,000. There is no partial relief or tapering near the limit.
| Band | Amount in band | Rate | Tax |
|---|---|---|---|
| £0 to £125,000 | £125,000 | 0% | £0 |
| £125,001 to £250,000 | £125,000 | 2% | £2,500 |
| £250,001 to £925,000 | £350,000 | 5% | £17,500 |
| Total | £600,000 | 3.3% | £20,000 |
The two other nations treat the same buyer differently. Scotland keeps its relief at every price, so a first-time buyer pays £32,750 of LBTT instead of £33,350. Wales has no relief at any price and charges £25,500, still the lowest bill of the three. A first-time buyer who lives abroad and buys in England adds the 2% non-resident surcharge to the standard table: £32,000.
Between the old limit and the new one
From 23 September 2022 to 31 March 2025, the relief applied up to £625,000, and its nil band ran to £425,000. Prices from £500,001 to £625,000 were inside the old relief and are outside the new one, which is where the reform weighs most on first-time buyers. Above the old limit, the difference comes only from the standard table, whose nil band also went from £250,000 back to £125,000.
| Price | First-time buyer, until 31 March 2025 | From 1 April 2025 | Increase |
|---|---|---|---|
| £500,000 | £3,750 | £10,000 | £6,250 |
| £550,000 | £6,250 | £17,500 | £11,250 |
| £600,000 | £8,750 | £20,000 | £11,250 |
| £625,000 | £10,000 | £21,250 | £11,250 |
| £650,000 | £20,000 | £22,500 | £2,500 |
In Oxford, the average semi-detached house sold for £583,213 in July 2026, close to this price. A first-time buyer at that average pays the standard table, £19,160, where the old relief would have charged £7,910. The April 2025 page has the full before-and-after comparison.
Buying through a company at £600,000
A company buying a dwelling above £500,000 pays a single 17% rate on the full price, no slices. At £600,000 that is £102,000. A relief, for example for a property rental business or a developer, replaces it with the higher rates, which are exactly what an individual landlord pays. Scotland and Wales have no flat corporate rate; a company there pays the supplement or the higher rates even on its first dwelling. A non-resident company adds 2% to the flat rate in England, and a company holding a dwelling may also come within the Annual Tax on Enveloped Dwellings, a yearly charge separate from SDLT.
| Buyer of a dwelling | Tax |
|---|---|
| Individual landlord (higher rates) | £50,000 |
| Company with a relief (higher rates) | £50,000 |
| Company without a relief (17% of the price) | £102,000 |
| Non-resident company without a relief | £114,000 |
| Company in Scotland (LBTT and supplement) | £81,350 |
| Company in Wales (higher rates) | £54,950 |