Chancellor Confirms Stamp Duty Holiday

 

Chancellor of the Exchequer Rishi Sunak updated the House on the economy and his plans to protect, support and create new jobs.

He told the House "we will do all we can to give everyone the opportunity of good and secure work" and that although hardship lies ahead "no one will be left without hope."

This included a temporary Increase in Nil Rate Band of Residential Stamp Duty Land Tax from £125,000 to £500,00 until 31 March 2021.

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