Written question asked by Lord Flight (Conservative) on Monday, 17 July 2017, in the House of Lords. It was due for an answer on Monday, 31 July 2017. It was answered by Lord Bates (Conservative) on Thursday, 27 July 2017 on behalf of the Treasury.
Stamp Duty Land Tax
- Question
-
Her Majesty's Government what was (1) the total income raised from the stamp duty levy on additional homes, and (2) the total amount refunded because a purchaser sold their main residence within three years of buying a new one, in 2016-17.
- Answer
-
The total income raised from the higher rate of Stamp Duty Land Tax (SDLT) on additional homes for 2016-17 was £1,643m. This is the revenue from the additional 3% element only and therefore excludes the revenue from the main rates of SDLT on these properties.
Statistics on repayments from the higher rate of SDLT on additional properties for 2016-17 are due to be published in July 2017.
Secondary information
- Type
- Written question
- Reference
- HL870
- Session
- 2017-19
- Subjects
- Rebates Second homes Tax yields Stamp duty land tax
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-06-07 15:49:36 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL870
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL870
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL870