Glossary · Tax
SDLT (Stamp Duty Land Tax)
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Definition: England and Northern Ireland's tax on property purchases. Scotland uses LBTT and Wales uses LTT instead.
Charged on the portion of the purchase price falling within each band. A 5% surcharge applies to additional dwellings (second homes, buy-to-let). Non-UK residents pay a further 2% surcharge. First-time buyer relief applies below set thresholds.
Primary source: gov.uk/stamp-duty-land-tax