Policy paper

Stamp duty land tax relief for first-time buyers: Autumn Budget 2017 brief

Details of the government’s reforms to stamp duty land tax relief for first-time buyers.

Documents

Details

Autumn Budget 2017 announced stamp duty land tax relief for first-time buyers.

From 22 November 2017, stamp duty land tax will be abolished for first-time purchases up to £300,000 and the existing rate of 5% will apply between £300,000 and £500,000. The relief will not apply to properties above £500,000.

This document sets out the background to stamp duty land tax and details of the government’s reforms.

Published 22 November 2017