What is Stamp Duty Land Tax (SDLT)?
Stamp Duty Land Tax is a tax on real estate investments in England and Northern Ireland. This is a progressive tax, which includes different rates depending on the purchase price of a property (the tax is higher for more expensive properties).
A stamp duty holiday has now been implemented and will be applied to all residential purchases until 31st March 2021.
Transactions involving additional property, including second homes and buy to let investments, will continue to attract a 3% surcharge.