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Calculating enveloped property transaction tax

​Enveloped property transaction tax

Use our calculator to work out how much tax you'll need to pay.

An additional £80 is charged on each relevant transaction.

To use on Apple products, you will need a version of Microsoft Excel for Apple.

Enveloped Property Transaction Tax calculator

Rates of enveloped property transaction tax

EPTT is calculated on the market value of the enveloped property. The rate of duty varies depending upon the type of transaction.

The standard charge is £80 plus an amount calculated per the standard EPTT bands.

Freehold rates

Freehold residential property

​Bands (£)
Rate​
​500,000 to 700,000
​£8,000 in respect of the first £500,000 plus 3% on the excess
​700,000 to 1,000,000
​£14,000 in respect of the first £700,000 plus 3.5% on the excess
1,000,000 to 1,500,000​​£24,500 in respect of the first £1,000,000 plus 4.5% on the excess
​1,500,000 to 2,000,000
​£47,000 in respect of the first £1,500,000 plus 5.5% on the excess
​2,000,000 to 3,000,000
​£74,500 in respect of the first £2,000,000 plus 7% on the excess
​3,000,000 to 6,000,000
​£144,500 in respect of the first £3,000,000 plus 9.5% on the excess
​over 6,000,000
​£429,500 in respect of the first £6,000,000 plus 10.5% on the excess















Freehold commercial property

​Bands (£)
​Rate
​700,000 to 1,000,000
​£13,000 in respect of the first £700,000 plus 3% on the excess
​1,000,000 to 1,500,000
​£22,000 in respect of the first £1,000,000 plus 3.5% on the excess
​1,500,000 to 2,000,000
​£39,500 in respect of the first £1,500,000 plus 4% on the excess
over 2,000,000​​£59,500 in respect of the first £2,000,000 plus 5% on the excess










Rates for contract leases

The market value of a property held on a contract lease is calculated as:

£(ARxYR)

​Letter
Definition​
​AR
​the annual rental, or the normal market rate if the annual rental is lower
​YR
​whichever is the lower of the number of years remaining on the lease at the date of transaction or 21 years






EPTT is calculated using the market value as calculated above.

The charge is £80 plus an amount calculated as per the EPTT bands.

Market value ​
​Rate
​500,000 for residential property
​£3,500 in respect of the first £500,000 plus 0.75% on the excess
​700,000 for commercial property
​£5,000 in respect of the first £700,000 plus 0.75% on the excess







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