Written Question·Treasury·UIN 114762
Stamp Duty Land Tax
Tabled: 20 February 2026
Answered: 2 March 2026
Question
Neil Duncan-Jordan
Labour — Poole
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of introducing a fixed 4% stamp duty on the purchase of properties.
Answer
Dan TomlinsonStamp Duty Land Tax (SDLT) is charged using a rate structure which rises as properties get more valuable. This means that lower-value properties benefit more from the nil rate band, with the first £125,000 of any property not being charged SDLT at all. Th...
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