Statement on Stamp Duty Land Tax: 26 April 2018

26 April 2018

The Financial Secretary to the Treasury, Mel Stride, made a statement on Stamp Duty Land Tax in the Commons on Thursday 26 April 2018.

The minister told the House that:

"The quarterly stamp duty statistics published this morning reveal, for the first time, the tangible impact of first-time buyers relief. I am pleased to announce that between the coming into effect of the relief on Budget day on 22 November last year and the end of March 2018, a significant 69,000 first-time buyers benefited from it."

Responding for the Opposition, Shadow Treasury Minister Anneliese Dodds said, "The Government have said—we heard it again just now—that their stamp duty cut is intended to back home ownership, but home ownership has fallen to a 30-year low under this Government".

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