Stamp Duty & Stamp Duty Land Tax


	2008/09	2007/08
Stocks and marketable securities	0.50%	0.50%
Rounded to the nearest multiple of £5.00

On land transactions

Residential:
£125,000* or less	NIL	NIL
£125,001* to £250,000	1%	1%
£250,001 to £500,000	3%	3%
£500,000+	4%	4%

Non-residential:
£150,000 or less	NIL	NIL
£150,001 to £250,000	1%	1%
£250,001 to £500,000	3%	3%
£500,000+	4%	4%

*£150,000 in designated disadvantaged areas.

On lease rentals

Residential:
£125,000 or less	NIL	NIL
£125,000+	1%	1%

Non-residential:
£150,000 or less	NIL	NIL
£150,000+	1%	1%

Lease premium rates are as for land transactions except the nil band only applies if rent is less than £600 per annum.