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UK property tax rates 2026/27

Every current UK property tax figure a landlord needs, in one place. Figures are for the 2026/27 tax year and are maintained against HMRC, Revenue Scotland, the Welsh Revenue Authority and legislation.gov.uk.

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Stamp duty

Stamp Duty Land Tax (England & Northern Ireland)

Each rate applies only to the part of the price within its band. A buy-to-let or second home adds a 5% surcharge on the whole price.

BandStandard+ 5% additional
Up to £125,0000%5%
£125,001 to £250,0002%7%
£250,001 to £925,0005%10%
£925,001 to £1,500,00010%15%
Above £1,500,00012%17%

Note: Example figures displayed

Each rate applies only to the slice of the price inside its band

  • Up to £125,0000%5%
  • £125,001 to £250,0002%7%
  • £250,001 to £925,0005%10%
  • £925,001 to £1,500,00010%15%
  • Above £1,500,00012%17%

Right column: with the surcharge

This one does not work that way. It lands on the whole price.

5%additional-dwelling surcharge

On a buy-to-let or second home it is charged on the whole price, not on a slice of it. That is why the right-hand column above adds five points to every band rather than only to the top one.

Note: Example figures displayed

Non-UK-resident buyers add a further 2%. First-time buyers pay 0% to £300,000 and 5% on £300,001 to £500,000, with no relief once the price exceeds £500,000.

Scotland

LBTT (Scotland)

BandRate
Up to £145,0000%
£145,001 to £250,0002%
£250,001 to £325,0005%
£325,001 to £750,00010%
Above £750,00012%

Note: Example figures displayed

Each rate applies only to the slice of the price inside its band

  • Up to £145,0000%
  • £145,001 to £250,0002%
  • £250,001 to £325,0005%
  • £325,001 to £750,00010%
  • Above £750,00012%

This one does not work that way. It lands on the whole price.

8%Additional Dwelling Supplement

Charged on the whole price of an additional dwelling worth £40,000 or more, which is why it dwarfs the banded rates above it on all but the largest purchases.

Note: Example figures displayed

The Additional Dwelling Supplement is 8% of the whole price for an additional dwelling worth £40,000 or more. First-time-buyer relief raises the nil band to £175,000.

Wales

LTT (Wales)

Main residential rates. Additional properties use a separate higher-rates table (5% to 17%).

BandMain rate
Up to £225,0000%
£225,001 to £400,0006%
£400,001 to £750,0007.5%
£750,001 to £1,500,00010%
Above £1,500,00012%

Note: Example figures displayed

Each rate applies only to the slice of the price inside its band

  • Up to £225,0000%
  • £225,001 to £400,0006%
  • £400,001 to £750,0007.5%
  • £750,001 to £1,500,00010%
  • Above £1,500,00012%
  • No first-time-buyer relief in Wales.
  • No non-resident surcharge in Wales.
  • Additional properties use a separate higher-rates table, 5% to 17%.

Note: Example figures displayed

Wales has no first-time-buyer relief and no non-resident surcharge.

Capital gains

Capital Gains Tax on residential property

Item2026/27
Rate within unused basic-rate band18%
Rate above the basic-rate band24%
Annual exempt amount£3,000
Reporting and payment deadline60 days from completion

Note: Example figures displayed

The order it happens in

  1. First

    £3,000comes off the gain and is not taxed

    The annual exempt amount. It is used before any rate is applied.

  2. Then, the lower slice

    18%

    On whatever fits inside your unused basic-rate band.

    And the rest

    24%

    On everything above that band. Most landlords meet both rates on one sale.

60 days from completion to report and pay, which is the only deadline on this page and the only figure here with a penalty attached. It runs from completion, not from the end of the tax year.

Note: Example figures displayed

Sold a property in the last 60 days?

The reporting deadline runs from completion, not from the end of the tax year, and it is the one on this page with a penalty attached. We can file it for you.

Get the 60-day return filed

Rental income

Rental income tax and Section 24

Item2026/27
Income tax rates20% / 40% / 45%
Personal allowance£12,570
Section 24 mortgage-interest credit20% (22% from 2027/28)
Property income rates from 2027/28 (England, Wales, NI)22% / 42% / 47%

Note: Example figures displayed

Individual landlords cannot deduct mortgage interest. The full profit is taxed and a basic-rate credit is given on the interest. Companies deduct interest in full.

Both rates rise by 2 points, so the gap does not move

2026/27

Higher-rate landlord, today

Relief at 20%Tax at 40%20 point gap

2027/28

New property rates, from 6 April 2027

Relief at 22%Tax at 42%20 point gap

On a £20,000 interest bill the higher reducer is worth £400. A higher-rate landlord also pays 2% more on every pound of restricted property profit, so unless your profit before finance costs is smaller than your interest bill, April 2027 costs you money.

Note: Example figures displayed

Company

Corporation tax and dividends (property company)

Item2026/27
Corporation tax up to £50,000 profit19%
Corporation tax £250,000 profit or more25%
Marginal relief band (effective)about 26.5%
Dividend allowance£500
Dividend tax rates10.75% / 35.75% / 39.35%

Note: Example figures displayed

The middle band is the one to look at, and it is not between the other two

  • Up to £50,00019%

    The small profits rate.

  • £50,000 to £250,000about 26.5%

    Marginal relief. The effective rate on this slice is HIGHER than the main rate above it.

  • £250,000 and above25%

    The main rate.

Bar widths are illustrative weighting, not a scale. The top band is open ended.

Note: Example figures displayed

Allowances and MTD

Allowances, reliefs and MTD

Item2026/27
Property allowance£1,000
Rent-a-room relief£7,500 (£3,750 if shared)
Making Tax Digital threshold (from April 2026)£50,000 gross income
MTD threshold from April 2027 / April 2028£30,000 / £20,000

Note: Example figures displayed

The threshold does not sit still

  1. From April 2026

    £50,000

    In force. Gross property and self-employment income.

  2. From April 2027

    £30,000

    The step most landlords are caught by.

  3. From April 2028

    £20,000

    The floor as it currently stands.

These do sit still

  • £1,000

    Property allowance

    Against gross rent, instead of actual costs.

  • £7,500

    Rent-a-room relief

    £3,750 where the income is shared.

Note: Example figures displayed

These figures are a quick reference and not a substitute for advice on your own position. We can confirm exactly how each applies to you.

Testimonials

Landlords who stopped guessing at the rates

Anonymised feedback from landlords and investors we have worked with on exactly these questions.

They modelled our Section 24 position properly for the first time and showed us exactly where incorporation did and did not make sense. No hard sell, just the numbers.
Higher-rate landlord7-property portfolio, London
We were weeks from missing the 60-day capital gains deadline on a sale. They turned the computation around and filed on time. Worth the fee on that alone.
Buy-to-let investorManchester
Getting ready for Making Tax Digital felt overwhelming. They set up the software, mapped every property, and now the quarterly filing just happens.
Individual landlord2 properties, Leeds

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