United Kingdom · Question · Written question
UIN 113007
Stamp Duty Land Tax: Coronavirus
Introduced
9 November 2020
Last action
17 November 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
17 November 2020
Summary
To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential merits of extending the covid-19 stamp duty exemption beyond 31 March 2021.
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Timeline
9 November 2020
Written question
To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential merits of extending the covid-19 stamp duty exemption beyond 31 March 2021.
Source: Commons
17 November 2020
Answer
The temporary increase in the Stamp Duty Land Tax nil rate band was designed to create immediate momentum within the property market, where property transactions fell by as much as 50 per cent during the COVID-19 lockdown. The downturn in the market meant...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-11-09/113007
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1249693
- uk · wq-1249693 · source updated 17 November 2020