Stamp Duty Calculation for a Property Costing £700,000
You entered a purchase price of £700,000. Given this, the stamp duty due will be as follows:
Price Band |
Percentage payable |
Stamp Duty Due |
Up to £250,000 |
0% |
£0 |
Up to £925,000 |
5% |
£22,500 |
Up to £1,500,000 |
10% |
£0 |
Above £1,500,000+ |
12% |
£0 |
Total stamp duty due is £22,500Perform Another Calculation
Calculate the Stamp Duty of another property price using the tool below:
Last updated: July 2021. Uses stamp duty rates for England and Wales up to 30 September 2021.