Try:

=IF(A1<250000,A1*0.01,IF(A1<=500000,A1*0.03,A1*0.0 4))

I assumed <= 500000 ss it wasn't clear from your posting

HTH

"Mr Stanley (UK)" wrote:

I am trying to write a formula to calculate the stamp duty in the UK as
follows for Excel 2000. Below CELL is the value of the property purchased
i.e £310000

If CELL value < 250000 then answer = 1% of CELL value
If CELL value =250000 and <500000 then answer = 3% of CELL value
If CELL value 500000 then answer = 4% of CELL value

In the above example where CELL = 310000 the answer should be 9300

Thanks for your help