Written Question·Treasury·UIN 12775

Stamp Duties

Tabled: 5 November 2024

Answered: 11 November 2024

Named Day

Question

Shivani Raja

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of a phased approach to stamp duty increases for those in pre-agreed property transactions.

Answer

James Murray

The increase of the Stamp Duty Land Tax (SDLT) Higher Rates for Additional Dwellings (HRAD) by two percentage points at the Autumn Budget 2024, will impact transactions on or after 31 October 2024.The rate increase will not apply to transactions where con...

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