Price bands Percentage rate Taxable sum Tax
Up to £125,000 0% 0 0
Above £125,000 and up to £250,000 2% 0 0
Above £250,000 and up to £925,000 5% 0 0
Above £925,000 and up to £1,500,000 10% 0 0
Above £1,500,000+ 12% 0 0
Total tax     0
Effective rate     0.00