MPs have approved government amendments to the Stamp Duty Land Tax (Reduction) Bill. This will see the increase in SDLT threshold from the 23 September “mini-Budget” reversed in April 2025.
Several opposition and backbench amendments, including an attempt to extend the higher threshold to March 2028 and to exclude second homes, were rejected.
Related content from Claritax Books
Stamp Duty Land Tax is a well-written, user-friendly guide to the complexities of SDLT, written for accountants, solicitors and other tax professionals, with plenty of worked examples. Topics covered include basic principles, leasehold transactions, partnerships, trusts, reliefs, anti-avoidance legislation and recent tribunal decisions. Full reference is made throughout to relevant legislation, case law and guidance from HMRC.