Stamp Duty Land Tax- Changes 8 July 2020

8th July 2020 2:45 pm Comments Off on Stamp Duty Land Tax- Changes 8 July 2020

The Chancellor, Rishi Sunak, has today announced that the Stamp Duty Land Tax threshold for a Stamp Duty liability on a purchase of a property will increase from £125,000.00 to £500,000.00 with immediate effect.  The temporary Stamp Duty Land Tax holiday will last until 31st March 2021.

At this time it is unclear as to whether this will apply to second homes or not; more details to follow.

Categorised in: Latest news, Uncategorised

This post was written by Colemans Solicitors LLP

Hunter's Solicitors © 2023 | All Rights Reserved | SRA number 597315 Authorized and regulated by the Solicitors Regulation Authority | Hunter's Solicitors LLP registered in England and Wales under number OC383435 at 54-55 THE GREEN, WOOBURN GREEN, HIGH WYCOMBE, BUCKS HP10 0EU | Site By Wordpress Website Builders.