Stamp Duty
Stamp Duty on £4,000,000
A home mover buying at £4,000,000 in England or Northern Ireland pays £393,750 in stamp duty, an effective rate of 9.84%. Here is what every type of buyer pays.
By Buyer Type
| Buyer | Stamp duty | Effective rate | Notes |
|---|---|---|---|
| Home mover (main residence) | £393,750 | 9.84% | Standard residential rates. |
| First-time buyer | £393,750 | 9.84% | Relief applies only when the price is £500,000 or less; above that, standard rates apply. |
| Second home or buy-to-let | £593,750 | 14.84% | Standard rates plus the 5% higher rates for additional dwellings. |
| Non-UK resident (main residence) | £473,750 | 11.84% | Standard rates plus the 2% non-resident surcharge. |
| Non-UK resident, additional property | £673,750 | 16.84% | Standard rates plus the 5% higher rates and the 2% non-resident surcharge. |
How It Is Worked Out (Home Mover)
| £0 to £125,000 at 0% | £0 |
| £125,000 to £250,000 at 2% | £2,500 |
| £250,000 to £925,000 at 5% | £33,750 |
| £925,000 to £1,500,000 at 10% | £57,500 |
| £1,500,000 to £4,000,000 at 12% | £300,000 |
| Total | £393,750 |
Try a Different Price
Stamp duty to pay
£393,750
Effective rate 9.84%
| £0 to £125,000 at 0% | £0 |
| £125,000 to £250,000 at 2% | £2,500 |
| £250,000 to £925,000 at 5% | £33,750 |
| £925,000 to £1,500,000 at 10% | £57,500 |
| £1,500,000 to above at 12% | £300,000 |
Buying elsewhere in the UK? LBTT on £4,000,000 in Scotland · LTT on £4,000,000 in Wales
How much stamp duty does a home mover (main residence) pay on £4,000,000?
£393,750, an effective rate of 9.84%. Standard residential rates.
How much stamp duty does a first-time buyer pay on £4,000,000?
£393,750, an effective rate of 9.84%. Relief applies only when the price is £500,000 or less; above that, standard rates apply.
How much stamp duty does a second home or buy-to-let pay on £4,000,000?
£593,750, an effective rate of 14.84%. Standard rates plus the 5% higher rates for additional dwellings.
How much stamp duty does a non-uk resident (main residence) pay on £4,000,000?
£473,750, an effective rate of 11.84%. Standard rates plus the 2% non-resident surcharge.
England and Northern Ireland residential rates. A guide, not tax advice: your solicitor confirms the final figure.