PARLIAMENTARY WRITTEN QUESTION
Stamp Duty Land Tax (4 February 2016)

To ask Mr Chancellor of the Exchequer, whether his Department plans to put measures in place to provide that the proposed higher rate stamp duty land tax will not apply when a purchaser who owns more than one property is replacing a main residence.

Asked by:
Sir Christopher Chope (Conservative)

The Government intends that a purchaser who is replacing a main residence (even if owning more than one property) will not be subject to the higher rates of SDLT on purchases of additional properties. A consultation has recently concluded on the higher rates and the final policy design will be confirmed at Budget 2016.

Answered by:
Mr David Gauke (Independent)
9 February 2016