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    2. Property taxes

      The amount of tax you pay when you buy a property depends on several factors including:

      • the country the property is in
      • how much you paid for it
      • whether it is your main home.

      First-time-buyers

      People who buy a home worth between £300,000 and £500,000 will not pay stamp duty on the first £300,000. They will pay normal rates on the price above £300,000.

      In Scotland there is no Land and Building Transaction Tax for homes up to £145,000 for first time buyers.

      There are no specific rules for first-time buyers in Wales.

      Calculate SDLT
      Please note:
      The results provided by this calculator should be used as a guide only. Please contact us to discuss property tax planning in detail.

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