Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits for the property market of extending the three year window to claim a refund of three per cent of stamp duty on second homes during the covid-19 outbreak.
HMRC are aware of a number of instances where the payment of tax or filing of the necessary returns have been made challenging by COVID-19 and have displayed significant flexibility.
The Government continues to keep all taxes under constant review as part of the response to the COVID-19 outbreak.