Stamp Duty

	2007-08 onwards	2006-07
Stocks and shares:	0.5%	0.5%
Stamp duty reserve tax:	0.5%	0.5%
Stamp duty land tax on property
<£125,000	0%	0%
£125,000 to £250,000	1%	1%
£250,000 to £500,000	3%	3%
>£500,000	4%	4%

• All figures are calculated inclusive of VAT
• For new zero-carbon homes 0% extends to £500,000 from 1st October 2007
• On transfers of leases duty is paid on the Net Present Value (NPV) of the lease.