Stamp Duty Land Tax: Greater London

Summary

To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of increasing the allowance for stamp duty tax relief for those living in London, in the context of higher average house prices in that city.

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Timeline

1. 18 August 2021

   Written question

   To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of increasing the allowance for stamp duty tax relief for those living in London, in the context of higher average house prices in that city.

   Source: Commons

2. 10 September 2021

   Answer

   The nil rate band (the price threshold at which SDLT becomes payable) is set at £125,000 outside of the SDLT holiday. In 2017, the Government increased the price at which a residential property becomes liable to SDLT to £300,000 for first-time buyers; thi...

   Source: Written answer

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• · Treasury · Answering body

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