Blog Post

SDLT receipts tumble

Rebecca Galgut Mar 16, 2021, 09:30 AM
198_Dataloft_inform_Insight

Just over £6 billion was collected by the Treasury in England in SDLT property tax in 2020. This is £2.2 billon less than in 2019, a 27% fall.

Over 300,000 property transactions were ineligible for tax in the final 6 months of the year, the majority a result of the Stamp Duty Holiday.

The number of sales over £1 million rose by over 10%, many purchased as a main residence as the number liable for HRAD tax fell.

The extension of the SDLT holiday until the end of June, and 0% payable on properties up to £250,000 until the end of September will undoubtedly impact the government purse for 2021. Source: Dataloft, OBR

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"They are truly the best"

- Paulina

"I would like to thank Abbey for all her help and support she offered"

- Marie

"We are both so happy with the agents"

- Megan

"Great experience with Peter Anthony! Yaseen Hassan was professional, responsive, and incredibly helpful"

- Samuel Benedict

"Any issues Peter Anthony have been spot on and Sean as been professional and helpful at all times"

- Ian

"As a tenant, this might be the best agency I've worked with so far."

- Jeddy

"Both very Knowledgeable about the all properties I was inquiring about"

- Joanne

"I was shown around a property by Abbey Bird, it was a lovely viewing"

- Sophia