News

  • Minhaz Moosa

Stamp Duty Holiday

The Chancellor has granted a stamp duty land tax holiday to homebuyers in England and Northern Ireland with immediate effect. It means that buyers of homes valued at up to £500,000 will no longer pay any stamp duty on the purchase.

In a bid to boost a housing market still in shock from the COVID-19 property freeze, Chancellor Rishi Sunak has today announced a measure that could save the average homebuyer over £2,000.


Stamp duty land tax (SDLT), often known simply as stamp duty, will be cancelled on all property purchases up to half a million pounds. Sunak hopes that this will provide the much-needed kick start that the property market in England needs, following predictions thathouse prices would tumble and cause market stagnation this year.

Payrol and auto enrolment Pensions Logo
Payrol and auto enrolment Pensions Logo
Payrol and auto enrolment Pensions Logo

Intelligent Payroll Limited . Registered in England No.10466186

VAT Registration Number. GB 255 5060 15

© 2020 Intelligent Payroll Limited. All Rights Reserved.

Disability committed_small.png
  • LinkedIn Social Icon
  • Twitter Social Icon
  • Facebook Social Icon
  • Instagram Social Icon