PARLIAMENTARY WRITTEN QUESTION
(10 October 2025)

Question Asked

To ask the Chancellor of the Exchequer, what her policy is on reforming stamp duty; and what representations she has received on introducing an annual tax on the capital value of primary residences.

Asked by:
Lewis Cocking (Conservative)

Answer

SDLT continues to be an important source of government revenue, raising around £12 billion each year to help pay for the essential services the government provides. Any changes to taxes such as SDLT would therefore have to be carefully considered given the potential effect on public finances.

The government keeps all taxes under review as part of the usual tax policy making process.


Answered by:
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