Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of Stamp Duty on serving armed forces personnel who are required to maintain a second property owing to service postings.

The higher rates of Stamp Duty Land Tax (SDLT) apply to the purchases of additional residential property, including second homes and buy-to-let investments. A refund of the additional 5% rate may be claimed if the previous main residence is sold within three years of acquiring the new one. In some circumstances, for example, armed forces personnel may not meet the higher rates refund criteria if renting out their home whilst living in service family accommodation or where they are posted away or deployed overseas for long periods.

As SDLT returns do not collect details of the employment status of purchasers we are unable to make a quantative assessment of the number of serving armed forces personnel who have incurred the higher rate of SDLT on the purchase of additional dwellings or of those able to successfully meet the refund criteria.