Blog Post

SDLT receipts fall

Rebecca Galgut 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

"I deeply appreciate Peter Anthony Estate, especially Abbey, who works here."

- Delar

"Friendly and helpful. No problems everything ran smoothly as expected and professionally."

- David

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

- Jeddy

"Abbey was very friendly and helpful"

- Sandra

"Sean was really lovely on our inspection. Quick, easy and efficient. Thank you!"

- Roberta

"Abby was prompt to respond to inquiries and very pleasant"

- Christian

"If you need an Estate Agent who is going to really go the extra mile, Dewi is THAT person."

- James

"Sold a property, and Gill was amazing throughout the process!"

- Rachel