.
Stamp Duty Land Tax is a tax in England that is paid when you purchase land. Earlier this year, the Chancellor announced an SDLT break for properties worth up to £500k which lasts until 31 March 2021, and this has been credited with the recent boom in house sales and rise in prices. Scotland and Wales have their own systems of land tax.
Explanation
Quiz Review Timeline (Updated): Mar 21, 2022 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.