Mar
3

Stamp duty holiday extended until June 2021

The 2021 Budget has been announced and it was confirmed that the stamp duty holiday on house purchases in England and Northern Ireland has been extended to June 2021. Therefore, there will continue to be no tax liability on property sales of less than £500,000. After this date, the starting rate of stamp duty will be £250,000 until the end of September. Stamp duty will then return to the usual threshold and will apply for properties sold for more than £125,000.

Click here for a quick summary of the key points of the Budget from the BBC