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Stamp Duty Land Tax (Temporary Relief) Act 2020 (2020 c 15)

The Act temporarily raised the threshold for residential Stamp Duty Land Tax from 拢125,000 to 拢500,000 for property transactions in England and Northern Ireland, aiming to stimulate the housing market post-COVID-19 lockdown. Effective from 8 July 2020 to 31 March 2021, it provided a financial incentive for homebuyers and supported economic recovery. This measure was expected to facilitate more property transactions by reducing the upfront tax burden and fostering confidence within the property market amidst economic uncertainty driven by the pandemic.

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桔子视频 traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.

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Stamp Duty Land Tax (Temporary Relief) Act 2020 (2020 c 15)

The Act temporarily raised the threshold for residential Stamp Duty Land Tax from 拢125,000 to 拢500,000 for property transactions in England and Northern Ireland, aiming to stimulate the housing market post-COVID-19 lockdown. Effective from 8 July 2020 to 31 March 2021, it provided a financial incentive for homebuyers and supported economic recovery. This measure was expected to facilitate more property transactions by reducing the upfront tax burden and fostering confidence within the property market amidst economic uncertainty driven by the pandemic.

Quick and comprehensive access to the most accurate, up-to-date legislation.

桔子视频 traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.

TAKE A FREE TRIAL

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