Stamp Duty Land Tax (SDLT)
Tax paid when purchasing property over £250,000
Full Definition
Stamp Duty Land Tax is a government tax on property purchases in England and Northern Ireland. Buy-to-let investors pay an additional 3% surcharge on top of standard rates. Current rates for additional properties: 3% up to £250,000, 8% from £250,001-£925,000, 13% from £925,001-£1.5m, 15% above £1.5m. First-time buyers have separate relief thresholds.
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LBTT (Land and Buildings Transaction Tax)
Scottish equivalent of Stamp Duty
LTT (Land Transaction Tax)
Welsh equivalent of Stamp Duty
Capital Gains Tax (CGT)
Tax on profit when selling investment property
Section 24 (Mortgage Interest Relief)
Restriction on mortgage interest tax deductions for landlords
Limited Company Buy-to-Let
Purchasing properties through a company structure
Ground Rent
Annual payment to freeholder for leasehold properties