Calculators

Stamp Duty Calculator - Non-Residential Property

The following calculator is for purchases of non-residential property in England and Wales. NB: This calculator has been recalibrated in light of changes to SDLT announced in the Budget 2016 and is effective from 17 March 2016. Where contracts have been exchanged but transactions have not completed before 17 March 2016 purchasers will have a choice of whether the old or new structure and rates apply.

(Not applicable in Scotland which has a similar, but different tax - Land and Buildings Transaction Tax, from April 01 2015.)

Non-residential or residential?

Struggling to understand whether your next purchase of land for development will count as a residential or non-residential transaction? You aren't alone. The basic rule is that the residential rate of Stamp Duty Land Tax will only apply if the land that is being acquired (under one bargain) consists of entirely residential property. Simon Whittaker, Finance Director at Mortgages for Business offers further details and examples in his Stamp Duty Land Tax on Development Land Purchases blog.

>> Use our Stamp Duty calculator for residential property

ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.