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Stamp Duty Land Tax

Question for Treasury

UIN HL2244, tabled on 20 July 2021

To ask Her Majesty's Government what plans they have, if any, to extend the stamp duty holiday; and if they do have such plans, what assessment they have made of the impact of an extension on the benefits to local economies.

Answered on

3 August 2021

The Government does not plan to extend the SDLT holiday.

The SDLT holiday was a temporary measure introduced in July 2020 to create immediate momentum in the property market, supporting jobs in the industry.

The £500,000 threshold was stepped down to £250,000 on 1 July 2021 and will return to the normal level of £125,000 on 1 October 2021.

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