Stamp Duty Land Tax

(asked on 21st February 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will reduce stamp duty rates for private home buyers.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 2nd March 2020

At Autumn Statement 2014, residential SDLT was cut for 98% of people who pay it, unless they are purchasing additional property, and at Autumn Budget 2017 the Government introduced first time buyers’ relief which has already helped over 240,000 people get onto the housing ladder.

All taxes are kept under review as part of the Budget cycle.

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