Stamp Duty Changes Benefit SIPP & SSAS Members Investing In Commercial Property

May 24, 2016

With the majority of commercial property purchases carried out within SIPP and SSAS being below £1million, the revised commercial property stamp duty rates announced in the March budget are resulting in considerable savings in the amount of stamp duty payable.

The new rates and bandings are:

Purchase Price Stamp Duty
0 – £150,000 0%
£150,001 – £250,000 2%
£250,001 + 5%


Stamp duty is payable on the proportion of the purchase price that falls into each band.

For example, stamp duty on a £400,000 purchase would be nil on the first £150K, 2% on the next £100K and 5% on the next £150K – a total of £9,500 as opposed to £12,000 under the previous rules.

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