Second Home Calculator
Second Home Surcharge
+3% surcharge applies to all additional residential properties in England & NI
+4% surcharge applies in Wales and Scotland
Applies to the entire property price, even below standard thresholds
Total Tax Due (with Surcharge)
£0
Effective Rate: 0%
Tax Breakdown
| Tax Band | Amount in Band | Rate | Tax |
|---|
Comparison with Standard Rate
Additional cost due to surcharge: £0
When Does the Surcharge Apply?
The additional property surcharge applies when:
- You already own a residential property
- You're buying an additional property (not replacing your main home)
- The property being purchased is £40,000 or more
- You're buying a holiday home or buy-to-let investment
Replacement of main residence: If you're selling your main home and buying a new one, you don't pay the surcharge (even if you own other properties).