The Law Society’s Conveyancing Quality Scheme has released further clarifications on the temporary Stamp Duty Land Tax holiday for residential buyers  The report reads “As you will be only too well aware on 8 July, the Chancellor of the Exchequer announced a temporary reduction to SDLT rates as a result of coronavirus (COVID-19) to take

NEW STAMP DUTY RULES SAVINGS ON STAMP DUTY LAND TAX Home buyers will be pleased to learn about the new tax break announced today by the government. The new stamp duty tax break announced by Chancellor Rishi Sunak temporarily loosens the rules on stamp duty, offering exemptions to buyers of properties worth £500,000 or less.