Stamp Duty Holiday Extended
The current SDLT holiday on residential property with a value up to £500,000 was set to end on 31 March, but has been extended to 30 June 2021. This applies to property purchases in England and Northern Ireland only. The Chancellor also announced that the SDLT threshold will not immediately revert back to its previous […]
Stamp Duty Land Tax threshold temporarily increased to £500,000
The housing market has been severely affected by the pandemic, with activity and construction both slowing sharply. Moving house also has a multiplier effect on the economy as people tend to spend money decorating and furnishing their new home, with estimates suggesting that doing so drives additional spending worth about 5% of the house value. […]
