Stamp Duty Land Tax (SDLT) is a tax paid when you buy property or land in England and Northern Ireland over a certain value. The rate depends on the price and type of property, with higher rates for second homes or buy-to-lets. First-time buyers may get a discount. SDLT must be paid within 14 days of completing the purchase, so factor it into your buying costs.
« Back to Glossary Index
Tax Guide UK Editorial Team: Our team of financial writers, tax researchers, and editors is dedicated to making UK tax easier to understand — and easier to manage. Every article is thoroughly researched, regularly updated, and written in plain English to help you stay compliant and confident.View Author posts