Stamp Duty Land Tax

There is a tax that's charged when you buy a residential property in the UK. It is known as Stamp Duty Land Tax in England and Northern Ireland, Land and Buildings Transaction Tax in Scotland, and Land Transaction Tax in Wales.

As a landlord, you will need to pay tax on any property you purchase to let out. The rate of tax you pay also depends on:

Where the property is: England and Northern Ireland have the same rates, while Scotland and Wales have different rates.
Your circumstances: for example, registered social landlords may be eligible for reduced Stamp Duty.

England and Northern Ireland

As a landlord in England and Northern Ireland there is an additional 3% charge on top of the Stamp Duty Land Tax (SDLT).

SDLT Calculator

Scotland

As a landlord in Scotland there is an additional 4% charge on top of the Land and Buildings Transaction Tax (LBTT).

LBTT Calculator

Wales

As a landlord in Wales there is an additional 4% charge on top of the Land Transaction Tax (LTT).

LTT Calculator

Additional tax rates quoted for landlords is correct as of 5 April 2023. You can check for updates with the corresponding tax authority for your property location by using the links above.

How to Let guide

View this government produced guide to help you understand your responsibilities when becoming a landlord.

Read How to Let guide

Rental yield calculator

Use this calculator to see how much gross rental yield your Buy to Let property may bring in.

Rental yield calculator

Want to talk to someone about a new Buy to Let mortgage?

Discuss your options with one of our team of Buy to Let experts.

If you're unsure how this may impact you and need more information on your personal scenario, please contact an Independent Tax Adviser at unbiased.co.uk.