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Bolland & Burke Chartered Accountants - a wealth of knowledge at your disposal
| Stamp Duty | 2011-12 | 2010-11 |
| Stamp Duty on residential property is payable on the following scale: | ||
| Value to £125,000* | zero | zero |
| £125,001 - £250,000 ** | 1% | 1% |
| £250,001 - £500,000 | 3% | 3% |
| £500,001 to £1,000,000 | 4% | 4% |
| Value above £1,000,000 | 5% | 4% |
* £150,000 in designated disadvantaged areas.
** First time buyers no Stamp Duty Land Tax on transactions up to £250,000 between 25/03/10 - 25/03/12
Please Note: The figures in this tax guide are for guidance only. Professional advice should be obtained before acting on the information and no responsibility can be accepted for any loss however caused resulting from actions taken or not-taken as a result of the information on this page.
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2nd Floor, 11 Rutland Street, Edinburgh. EH1 2DQ | Tel: 0845 371 4554
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