Policy paper

Stamp Duty Land Tax: Abolition of Multiple Dwellings Relief from 1 June 2024

This tax information and impact note explains that Multiple Dwellings Relief (MDR) will be abolished with effect from 1 June 2024. MDR is a bulk purchase relief from Stamp Duty Land Tax which applies to the purchase of 2 or more dwellings.

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Details

This measure abolishes Multiple Dwellings Relief, a relief from Stamp Duty Land Tax which applies to the purchase of 2 or more dwellings in England and Northern Ireland.  MDR will be abolished for transactions which complete, or which substantially perform, on or after 1 June 2024. 

Purchasers who exchanged contracts on or before 6 March 2024 remain eligible for MDR regardless of when the transaction completes, provided there is no variation of the contract after that date.

Updates to this page

Published 6 March 2024

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