Blog Post

SDLT receipts fall

em 2 crop Emily Utratny May 11, 2021, 12:30 PM
206_Dataloft_inform_Insight

£8.7 billion was netted by the Chancellor in residential Stamp Duty receipts over the course of 2020–21, the lowest in eight years, however receipts in March 2021 were the 5th highest ever recorded.

Nearly £1.2 billion was collected in March, up 28% year-on-year, as many sought to complete property purchases prior to the original Stamp Duty Holiday deadline.

Total SDLT receipts in the year to March were £2.9 billion (25%) lower year-on-year, the enforced closure of the market and the subsequent raising of the 0% threshold to £500k significant factors.

Despite residential tax receipts falling, the property market has proved, along with education, to be the most Covid-resilient according to data released by the ONS. Source: Dataloft, HMRC

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

"would most definitely recommend using Peter Anthony"

- Ashley

"Had a great experience with Peter Anthony Salford branch, in particular Vicky"

- Holly

"Very responsive and helpful through out the process"

- Saleem

"Jamie was my main point of contact and was super helpful from initial viewings, trough the offers process to getting the keys."

- Paul

"Excellent service. They were fast and very friendly."

- Nikolay

"The staff at the Salford office have been fantastic,"

- Dominic

"The staff at the Salford office have been fantastic"

- Dominic

"Jamie Dowd was my estate agent and he was absolutely incredible, couldn’t recommend him enough."

- Lyndsay