Stamp Duty revenue increase to be used in areas with highest numbers of second homes
23rd December 2016
Stamp Duty Land Tax (SDLT) revenue has increased by 12% to £7.7bn for the first eight months of the 2016-17 financial year compared to the previous year despite a 9.9% decrease in the number of property sales. Purchase transactions for this period April to November 2016 fell from 868,000 last year to 782,000 this year. […]