Stamp Duty Land Tax: Rural Areas
Commons · Question 24779 · Tabled 17 Jan 2025 · Treasury · Official record
Answered 27 Jan 2025
Question
Asked by Edward Morello
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of the expiration of the stamp duty relief scheme on (a) residential mobility and (b) local business sustainability in rural communities.
Answer
Answered by James Murray, 27 Jan 2025
In September 2022, the previous government announced a change to the level at which purchasers of residential property start paying Stamp Duty Land Tax (SDLT), from £125,000 to £250,000. This change was made temporary in November 2022, and the rate will r...