SDLT revenues drop as £1m+ sales tumble
Stamp Duty generated 6% less for the Government's coffers in Q2 2019 than in Q2 2018, largely as a result of a 12% fall in £1m+ transactions...
SDLT receipts plummeted by 26% in Q1
The Treasury's Stamp Duty tax take fell dramatically from Q4 2018 to Q1 2019, reports LCP, as Brexit amplified the seasonal transaction dip
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Treasury could see a £5bn Stamp Duty hit as property sales slump
"Transactions will bear the brunt" of the Coronvirus property slump, says Savills - but the firm doesn't think the pandemic will have a long-term effect on house prices.
By PrimeResi
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