Tax Rates 2026/27

Property taxes

Annual Tax on Enveloped Dwellings (ATED)

ATED applies to ‘high value’ residential properties owned via a corporate structure, unless the property is used for a qualifying purpose. The tax applies to properties valued at more than £500,000.

Property value	Annual charge to
	31.3.2027	31.3.2026
£0.5m - £1m	£4,600	£4,450
£1m - £2m	9,450	9,150
£2m – £5m	32,200	31,050
£5m – £10m	74,450	72,700
£10m – £20m	151,450	145,950
Over £20m	303,450	292,350

Stamp Duty Land Tax (SDLT), Land and Buildings Transaction Tax (LBTT) and Land Transaction Tax (LTT)

Residential property (1st property only)
SDLT - England & NI £000	Rate	LBTT - Scotland £000	Rate	LTT - Wales £000	Rate
Up to 125	Nil	Up to 145	Nil	Up to 225	Nil
125 – 250	2%	145 – 250	2%	225 – 400	6.0%
250 – 925	5%	250 – 325	5%	400 – 750	7.5%
925 – 1,500	10%	325 – 750	10%	750 – 1,500	10.0%
Over 1,500	12%	Over 750	12%	Over 1,500	12.0%

A surcharge applies for all three taxes where an additional residential property interest is purchased for more than £40,000 (unless replacing a main residence). It is also payable by all corporate purchasers. The rate is 5% (SDLT) and 8% (LBTT) of the total purchase price. LTT has specific higher rates in bandings: up to 180k: 5%, 180 - 250k: 8.5%, 250 - 400k: 10%, 400 - 750k: 12.5%, 750-1,500k: 15%, >1,500k: 17%.

For SDLT:

– First-time buyers purchasing a property of up to £500,000 pay a nil rate on the first £300,000 of the purchase price.

– A 2% supplement applies where the property is bought by certain non-UK residents.

– A rate of 17% may apply to the total purchase price, where the property is valued above £500,000 and purchased by a ‘non-natural person’ (e.g. a company).

For LBTT, first-time buyer relief increases the nil rate band to £175,000.

Non-residential or mixed use property
SDLT - England & NI £000	Rate	LBTT - Scotland £000	Rate	LTT - Wales £000	Rate
Up to 150	Nil	Up to 150	Nil	Up to 225	Nil
150 – 250	2%	150 – 250	1%	225 – 250	1%
Over 250	5%	Over 250	5%	250 – 1,000	5%
				Over 1,000	6%