Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential merits of introducing regional rates of stamp duty.
The Scotland Act 2012 provided the Scottish Parliament with powers to replace UK Stamp Duty Land Tax (SDLT). Land and Buildings Transaction Tax replaced UK SDLT in Scotland from 1 April 2015. From April 2018, Land Transaction Tax will replace UK SDLT in Wales. The Government holds all taxes under review.