Housing Improvement and Stamp Duties

Summary

To ask the Chancellor of the Exchequer, whether he plans to (a) backdate the stamp duty holiday for people who have recently purchased a property and (b) provide financial support to people who have recently moved home with reduced disposable income to sp

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Timeline

1. 13 July 2020

   Written question

   To ask the Chancellor of the Exchequer, whether he plans to (a) backdate the stamp duty holiday for people who have recently purchased a property and (b) provide financial support to people who have recently moved home with reduced disposable income to sp

   Source: Commons

2. 21 July 2020

   Answer

   To boost the housing market and confidence, the Government has decided to cut Stamp Duty Land Tax (SDLT) by temporarily increasing the nil band rate of SDLT to £500,000. This applies from 8 July 2020 to 31 March 2021 and will not be backdated. Property sa...

   Source: Written answer

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• · Treasury · Answering body

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