COMMERCIAL
Commercial stamp duty tax calculator
COMMERCIAL
Commercial stamp duty tax calculator
Calculate what you鈥檒l owe with our commercial stamp duty calculator.
Purchasing commercial property in England or Wales? Use our non-residential stamp duty calculator to find out how much stamp duty land tax you鈥檒l need to pay.
Buying a residential property? Use our residential stamp duty calculator.
Current stamp duty rates
|
Brackets |
Rate |
| Up to £150,000 | 0% |
| £150,001 - £250,000 | 2% |
| Over £250,001 | 5% |
Stamp duty is a tax levied on property transactions involving non-residential assets valued over £150,000. You鈥檙e required to pay stamp duty tax on any commercial property, whether a freehold, new or existing leasehold property.
Disclaimer: This calculator is for general interest only and doesn鈥檛 constitute formal advice. The calculator shouldn鈥檛 be considered up to date or complete, and relates only to certain types of non-residential property in England or Wales. Always consult your property lawyers, accountants, or other financial advisors on tax issues.
Frequently asked questions
Who pays stamp duty?
Stamp duty land tax needs to be paid by anyone buying a residential or non-residential property in England, Northern Ireland and Wales, including overseas buyers, corporate bodies and non-UK residents.
How much stamp duty will I pay on non-residential property transactions?
Stamp duty (SDLT) rates are based on price thresholds. A percentage is payable only on the portion of a property price falling within each band. Here鈥檚 an example calculation. If you buy freehold retail space for £320,000, the calculation will be as follows:
0% on the first £150,000 = £0
2% on the next £100,000 = £2,000
5% on the final £70,000 = £3,500
Total SDLT = £5,500
What constitutes a non-residential property for stamp duty tax?
Non-residential properties includes all types of commercial property, such as
- Offices
- Shops and retail units
- Garages and workshops
- Warehouses, sheds and factories
- Mixed-use property
- Agricultural land
- Forests
When do I pay commercial stamp duty?
When buying a non-residential property, stamp duty is payable to HMRC 30 days from the date of completion or you may risk a fine. Your solicitor or legal advisor should take care of this for you and ensure you don't miss the deadline.
What are the stamp duty rates for new leasehold sales and transfers?
When you buy a new non-residential or mixed-use leasehold, you pay stamp duty on both:
- The purchase price of the lease (the lease premium)
- The value of the annual rent you pay (the net present value - NPV)
The NPV is based on the total rent over the life of the lease. If the NPV is less than £150,000, you won鈥檛 pay tax on the rent.
|
NPV |
Rate |
| £0 - £150,000 | 0% |
| £150,001 - £5,000,000 | 1% |
| Over £5,000,001 | 2% |
