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Stamp duty land tax: London (UK) tax receipts 2000-2018

Stamp Duty Land Tax (SDLT) is levied on properties bought over the threshold of 125 thousand British pounds. The tax is implemented on all residential transactions unless they are a first time home buyer and therefore can claim a form of discount. The total value of stamp duty land tax receipts from fiscal year 2009/10 to fiscal year 2018/19 came to approximately 30.2 billion British pounds (GBP) during this period. A peak was seen in 2017/18 when receipts for residential transactions amounted to approximately 3.64 billion British pounds.

Value of stamp duty land tax receipts for residential properties in London (UK) from fiscal year 2000/01 to fiscal year 2017/18

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Source

Release date

October 2019

Region

United Kingdom

Survey time period

2000 to 2019

Supplementary notes

* The source added the following information "The method used to estimate property values means that subtotals may not sum to the overall total. SDLT transactions at £40,000 or above."

** SDLT ceased being charged in Scotland from April 2015.

*** Provisional figures.
2016/2017 and 2018/2019 An improved methodology for receipts has been implemented from 2017-18 onwards. Figures are not directly comparable to previous years. For further information please refer to the Methodology Quality Report.

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Statistics on "Residential property market in London (UK)"

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