Feb 27, 2021
Budget 2021: Stamp duty holiday deadline 'may cost us £12,000'
So the family decided to take advantage of the stamp duty holiday and move to a bigger property just outside Harrogate. The tax concession in England and Northern Ireland means no stamp duty is paid on the first £500,000 of a property sale. Data from property portal Zoopla, for the BBC, suggests that between 70% and 82% of sales would be stamp duty free if they completed by the end of March. A petition, set up by a buyer whose new home will not be built in time, is calling for a six-month extension to the stamp duty holiday. "A Treasury spokesman said:"The temporary stamp duty cut is helping to protect hundreds of thousands of jobs which rely on the property market by stimulating economic activity.
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