Blog Post

Stamp Duty Reduction

  • By Rob Pyke
  • •
  • 08 Jul, 2020
  • •

The Government has announced an increase in the Stamp Duty Land Tax (SDLT) threshold

    Th Government has announced an increase in the Stamp Duty Land Tax (SDLT) threshold in England and Northern Ireland, increasing the threshold under which no SDLT is paid on the purchase of a main home from £125,000 to £500,000, with immediate effect until 31‌‌‌ ‌March 2021.

    This article is published for information only. It provides only an overview and no action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a result of the above can be accepted by the author or the firm. 

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