Estimated residential stamp tax on a £1,000,000 purchase using rates in force as of 19 October 2026.
England & NI — standard rates
£43,750.00
Effective rate 4.38%
| Band | Rate | Portion | Tax |
|---|---|---|---|
| £0.00 – £125,000.00 | 0% | £125,000.00 | £0.00 |
| £125,000.00 – £250,000.00 | 2% | £125,000.00 | £2,500.00 |
| £250,000.00 – £925,000.00 | 5% | £675,000.00 | £33,750.00 |
| £925,000.00 – £1,000,000.00 | 10% | £75,000.00 | £7,500.00 |
| Scenario | Estimated tax |
|---|---|
| England — first-time buyer | £43,750.00 |
| England — additional dwelling | £93,750.00 |
| Scotland — LBTT (no ADS) | £78,350.00 |
| Wales — LTT main rates | £61,750.00 |
Figures are estimates for a straightforward residential purchase. Lease NPV, shared ownership, linked purchases and corporate rates are not included. Not tax advice.