Stamp Duty Land Tax: Coronavirus

(asked on 13th October 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 8 October 2020 to Question 97543 on Housing: Insulation, if he will make it his policy to extend the temporary reduced rate of Stamp Duty Land Tax for home buyers.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 16th October 2020

To boost the housing market, the Government decided to cut Stamp Duty Land Tax (SDLT) by temporarily increasing the nil rate band of SDLT to £500,000. This applies from 8 July 2020 to 31 March 2021. The Government keeps all taxes under review, including SDLT, but has no plans to extend the relief.

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