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All taxes

Tax 7 of 8

Stamp Taxes

Monthly

£1.3bn

Share of receipts

1.9%

Per household

£43

Per person

£19

Trend

+£0.1bn (8%) since 2019

Data sourcesHMRC — Tax receipts and National Insurance contributionsHMRC APIs (api.gov.uk)MHCLG — Housing supply statisticsMHCLG APIs (api.gov.uk)
exact ONS/HMRC/MHCLG/PSS fields

What moves it

  • Housing market

  • Second homes

  • Devolution

Home buyers above the threshold, landlords, and investors trading UK shares.

Inside the £1.3bn

Data sourcesHMRC — Tax receipts and National Insurance contributionsHMRC APIs (api.gov.uk)MHCLG — Housing supply statisticsMHCLG APIs (api.gov.uk)
exact ONS/HMRC/MHCLG/PSS fields

Residential property

£0.8bn

61.5% · £27/household

  • Home moves
  • Second homes

Shares (SDRT)

£0.3bn

23.1% · £10/household

  • Equity trades

Commercial property

£0.2bn

15.4% · £7/household

  • Offices
  • Retail units

Stamp duty is one of the most volatile taxes — it swings with mortgage rates.

Share transactions are taxed at 0.5% through Stamp Duty Reserve Tax.

First-time buyer relief removes the tax for most purchases under the threshold.

Sources

Financial year 2024/25.