Stamp Duty Land Tax: First Time Buyers
Commons · Question 45737 · Tabled 17 Apr 2025 · Treasury · Official record
Answered 24 Apr 2025
Question
Asked by Rosena Allin-Khan
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of introducing a higher stamp duty threshold for first-time buyers in inner London boroughs.
Answer
Answered by James Murray, 24 Apr 2025
Stamp Duty Land Tax (SDLT) is a national tax in England and Northern Ireland charged using the same percentage rates in all areas. This ensures stable and predictable revenue for the Exchequer while maintaining fairness for taxpayers. The current structur...