Who pays stamp duty? the seller or the buyer of a property.

Not legal/financial advice: The buyer pays stamp duty or Stamp Duty Land Tax (SDLT).

You have to pay SDLT if you buy a property in the UK over a certain price. This is charged on all purchases of flats, houses and other land and buildings.

The SDLT rate depends on:

  • The purchase price of the property
  • Whether the property is residential

SDLT may also be due if you lease a property. You can check the rates of SLDT at Gov.uk - Stamp Duty Land Tax Rates.

Find out how to pay Stamp Duty at HM Revenue and Customs - Stamp Duty.

Updated on Wednesday, February 19 2014 at 09:17AM GMT
Source: hoa.org.uk/...
Collections: buyerstamp