Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Newspaper reports suggest chancellor to use budget to lengthen holiday on duty for properties under £500k
Rishi Sunak has decided to extend the current Stamp Duty holiday by three months until the end of June, amid concerns that the existing 31 March cut-off will see thousands of house sales collapse, according to reports.
The Times said the chancellor will use next week’s Budget to extend the tax holiday, which has exempted all buyers of houses under £500,000 from paying any duty at all since last July.
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