PARLIAMENTARY WRITTEN QUESTION
Stamp Duty Land Tax: Coronavirus (17 December 2020)

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of allowing people who have instructed solicitors to buy or sell a house to benefit from the stamp duty holiday after the deadline.

Asked by:
Sir Alan Campbell (Labour)

The temporary SDLT relief was designed to stimulate immediate momentum in a property market where property transactions fell by as much as 50 per cent during the COVID-19 lockdown in March. This will also support the jobs of people whose employment relies on custom from the property industry, such as retailers and tradespeople.

The Government will continue to monitor the market. However, as the relief was designed to provide an immediate stimulus to the property market, the Government does not plan to extend this relief or change the point at which a transaction is eligible to receive the relief.

Answered by:
Jesse Norman (Conservative)
15 January 2021