Stamp Duty Calculator
Stamp Duty Land Tax (SDLT) is a government tax applied when purchasing a property in Gibraltar valued over £200,000. The amount you pay depends on the property’s price and your buyer status, whether you're a first-time buyer, second-time buyer, or a non-first-time buyer.
The SDLT rates are tiered, meaning the percentage you pay varies depending on the property’s price range. For instance, different portions of the property’s value may be taxed at different rates. First-time buyers often benefit from reduced or exempted rates, while second-time or non-first-time buyers typically pay a higher rate.
It’s important to consider SDLT in your budget when purchasing property, as it can impact the total cost. Understanding how it applies to your purchase helps ensure effective financial planning.
For First-Time or Second-Time Buyers (Residential Properties)
- 0% on the first £300,000 of the property value.
- 5.5% on the portion of the property price that exceeds £300,000 but does not exceed £350,000.
- 3.5% on the portion of the property price that exceeds £350,000 but does not exceed £800,000.
- 4.5% on any value above £800,000.
For Non-First-Time Buyers or Non-Residential Properties
- 0% for properties valued below £200,000.
- 2% on the first £250,000, and 5.5% on the amount exceeding £250,000 but less than £350,000.
- 3% on the first £350,000, 3.5% on the amount between £350,000 and £800,000.
- 4.5% on any value above £800,000.
Stamp Duty Calculator
These rates are designed to make the tax more affordable for first-time buyers while applying higher rates for higher-value properties and non-residential purchases.
While we strive to provide the most accurate and up-to-date information, it’s important to consult with a professional for the precise SDLT amount you will owe, as legislation and rates may change.
How can we help you
Arrange a consultation with one of our sales and lettings advisers today.
