Tel: 01427 610761
Email: info@burtondyson.com

Following the government announcement on the 4th January 2021, our office remains open, subject to local and national guidelines. Burton & Dyson continues to work hard on your matters during this period. Please refer to our COVID Statement.

Please note that we are experiencing delays in receiving post due to COVID related staff shortages at our local postal sorting office. If you have sent or are intending to send anything to us by post which is time critical, please call us so we can check that we have received it or discuss alternatives.

Stamp Duty

Stamp Taxes

Stamp Duty 0.5% on agreements to transfer shares.
Stamp Duty Reserve Tax 1.5% on shares transferred to depositary receipt schemes.

Stamp Duty Land Tax

Rate Rate bands for purchases
  Residential Non-Residential
0% £0 – 125,000 £0 – 150,000
2% £125,001 – 250,000 £150,000 – 250,000
5% £250,001 – 925,000 £250,000 +
10% £925,001 – 1,500,000
12% Over £1,500,000
Stamp duty paid at the relevant rate for each band.
Additional 3% charged on purchase of additional residential property.
Companies pay 15% on purchases of residential property values at over £500,000.
No stamp duty on first £300,000 for first time buyers if total property value under £500,000.

Leases

Rate Net present value of rent
  Residential Non-Residential
0% Up to £125,000 £0 – 150,000
1% Excess over £125,000 £150,001 – 5,000,000
2% 5,000,001 +

Annual Tax on Enveloped Dwellings (ATED)

Valuation of property Charges for year ending 31/3/20
£
Charges for year ending 31/3/19
£
£500,000 to £1,000,000 3,650 3,600
£1,000,001 to £2,000,000 7,400 7,250
£2,000,001 to £5,000,000 24,800 24,250
£5,000,001 to £10,000,000 57,900 56,550
£10,000,001 to £20,000,000 116,100 113,400
Over £20,000,000 232,350 226,950

Back to Tax Tables