Extension of stamp duty holiday – HULT Private Capital

Hult Private Capital

Honour Smith – HULT Private Capital

Extension of stamp duty holiday ‘could help 300,000 sales’

Rishi Sunak understood to have decided on three-month continuation of tax break in England

About 300,000 property purchases in England could benefit from a three-month extension in the stamp duty holiday, it has been estimated, as reports suggest the chancellor could be set to prolong the tax break in next week’s budget.

The tax saving – which cuts the bill entirely on properties costing between £125,000 and £500,000 and reduces it on homes costing more than that – was announced last summer and is due to end on 31 March.

https://www.theguardian.com/money/2021/feb/24/extension-stamp-duty-holiday-sales-rishi-sunak-tax-england 

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