Policy paper

Extension of the temporary increase to the Stamp Duty Land Tax nil rate band for residential properties

This tax information and impact note is about the extension of the temporary increase to the Stamp Duty Land Tax nil rate band for residential properties.

• From: HM Revenue & Customs
• Published: 3 March 2021

Documents

Extension of the temporary increase to the Stamp Duty Land Tax nil rate band for residential properties

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Details

This measure introduces a staged withdrawal of the temporary increase to the amount that a purchaser can pay for residential property in England and Northern Ireland before they pay Stamp Duty Land Tax, by both:

• extending to 30 June 2021 the nil rate band of £500,000, which was due to end on 31 March 2021
• introducing a nil rate band of £250,000 for the period 1 July 2021 to 30 September 2021

Published 3 March 2021