Written Question·Treasury·UIN 45737
Stamp Duty Land Tax: First Time Buyers
Tabled: 17 April 2025
Answered: 24 April 2025
Named DayQuestion
Dr Rosena Allin-Khan
Labour — Tooting
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of introducing a higher stamp duty threshold for first-time buyers in inner London boroughs.
Answer
James MurrayStamp Duty Land Tax (SDLT) is a national tax in England and Northern Ireland charged using the same percentage rates in all areas. This ensures stable and predictable revenue for the Exchequer while maintaining fairness for taxpayers. The current structur...
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