A) the buyer

The main tax

Items Project

Tax (Fee)

Total count

Stamp duty (Stamp Duty Land Tax)

Up to 12%

In a progressive calculation of house prices

£0-125,000 pounds: 0%

£125,000-250,000 pounds: 2%

£250,001-925,000 pounds: 5%

£925,001-1,500,000 pounds: 10%

£1,500,001 or more: 12%

 

Legal fees

About £2,500

Handling charges(loan processing fee & valuation fee)

About £700-2,000

House agency fees

1.5%

 

B) Seller bears

Items Project

Tax (Fee)

Total count

Capital Gains Tax(Capital Gain Tax)

£31,850 or less 18%

£31,851 or more 28%

Profit amount levied

Profit calculated to deduct the amount of miscellaneous expenses such as legal fees, brokerage fees, renovation fees, etc.

Legal fees

About £2,500

 

House agency fees

1.5%

 

Uni Property ( International ) Ltd.
Shop 786, Fortune Metropolis, 6-10 Metropolis Drive, Hung Hom, Kowloon, Hong Kong
Tel: (852) 2369 2639 | Email: enquiries@uniimmi.com.hk