Stamp Duty Across the UK 2026: SDLT, LBTT and LTT Compared

Stamp Duty Across the UK 2026: SDLT, LBTT and LTT Compared

19 September 2026

Buy the same house for the same price in Leeds, Edinburgh or Cardiff, and you'll pay three genuinely different property taxes. England and Northern Ireland charge Stamp Duty Land Tax (SDLT). Scotland has its own Land and Buildings Transaction Tax (LBTT). Wales has its own Land Transaction Tax (LTT). They look similar on the surface — all three are banded, all three tax slices of the price rather than the whole amount at one rate — but the details diverge in ways that catch buyers out.

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Why three different taxes for the same kind of purchase

Stamp Duty Land Tax used to apply across the whole of the UK. Scotland replaced it with LBTT in April 2015, and Wales replaced it with LTT in April 2018, using tax-varying powers devolved to the Scottish Parliament and the Senedd. Northern Ireland never gained an equivalent devolved land tax, so SDLT still applies there exactly as it does in England. That's why the tax you owe depends on where the property is, not on where you live or where you're moving from.

The three rate schedules, compared

Each nation sets its own nil-rate band and its own top rate. This is the standard-purchase case — a home mover, or anyone who doesn't already own another residential property:

NationNil-rate bandTop rate
England & N. Ireland (SDLT)Up to £125,00012% above £1.5m
Scotland (LBTT)Up to £145,00012% above £750,000
Wales (LTT)Up to £225,00012% above £1.5m

Wales has by far the largest nil-rate band of the three, but also the smallest gap before its higher bands kick in — its main rates only go up to 12%, reached above £1.5m, same ceiling as SDLT but on a narrower ladder underneath. Scotland's top rate arrives fastest of the three, at £750,000 rather than £1.5m. For the exact band-by-band breakdown and a live calculation on your own numbers, use the dedicated SDLT, LBTT or LTT calculator.

First-time buyer relief: Wales is the clear outlier

This is the sharpest divergence between the three systems, not just a difference of degree:

  • England & N. Ireland (SDLT): 0% up to £300,000, then 5% up to £500,000. The relief is all-or-nothing — buy above £500,000 and you lose it entirely, paying full standard rates on the whole price instead of a partial discount.
  • Scotland (LBTT): the nil-rate band is simply raised to £175,000, with no price ceiling at all. It saves a fixed £600 whatever the property costs, unlike SDLT's relief, which can be worth many thousands.
  • Wales (LTT): there's no first-time buyer relief in Wales. None. A first-time buyer and a home mover pay exactly the same LTT on the same purchase.

A first-time buyer comparing all three nations can't just look at the standard rates above — whether any relief applies at all, and how it's structured, changes the answer completely.

The additional-property surcharge: not a like-for-like comparison

All three nations charge more when you're buying an additional residential property — a second home or a buy-to-let — but the numbers alone are misleading without the mechanism behind them.

SDLT adds 5 percentage points to every standard band, including the nil-rate one, so it works out to a flat 5% of the whole price on top of the standard tax (raised from 3% on 31 October 2024). LBTT's Additional Dwelling Supplement does the same thing at 8 percentage points (raised from 6% on 5 December 2024) — mechanically identical to SDLT's surcharge, just a higher add-on.

LTT's higher residential rates are different in kind, not just in rate: instead of adding a fixed number of points to the standard bands, Wales uses a fully independent band table with its own thresholds that don't line up with the standard ones at all — 5% up to £180,000, 8.5% up to £250,000, 10% up to £400,000, 12.5% up to £750,000, 15% up to £1.5m, and 17% above. So "LTT's surcharge is X points" isn't a meaningful statement the way it is for SDLT or LBTT — there's no single flat add-on to point to.

One more thing on the horizon

A separate "mansion tax" — officially the High Value Council Tax Surcharge, an annual charge on English homes worth £2m or more — was announced at the Autumn Budget 2025 and takes effect from April 2028; it isn't SDLT and doesn't change anything in the tables above.

👉 Calculate SDLT free on Kalkulo

Buying in Scotland or Wales instead? Use our dedicated LBTT calculator or LTT calculator — each modelled on its own nation's actual rules, not a generic UK-wide estimate.

Disclaimer: indicative guide based on rates in force as of September 2026 (gov.uk, Revenue Scotland, Welsh Revenue Authority). Rates and thresholds can change at any Budget — confirm your exact liability with the relevant tax authority or a conveyancer before exchanging contracts. This is not tax advice.

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