Main image: The Chancellor prepares for the Autumn Statement 2023 (Kirsty O'Connor/HM Treasury)
Tories float September Stamp Duty cut
The Chancellor is considering raising the SDLT threshold to £300k, according to newspaper reports.
Treasury Committee rules out permanent Stamp Duty cut
"Any permanent cut or removal of SDLT would be likely to have a significant cost to the Exchequer," concludes HM Treasury.
The average Stamp Duty bill has escalated 490% in the last 25 years
Property price inflation has driven the average SDLT bill in England up from £601 in 1997 to £3,548 in 2021.
Chancellor confirms Stamp Duty holiday will start today, as threshold raised to £500k
From today until 31st March 2021, buyers will pay no Stamp Duty on the first £500k when they move home.
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