✓ Passed into LawLords
UK Parliament · Bill
Stamp Duty Land Tax Act 2015
Summary
This Act changed how stamp duty (a tax paid when buying property in England, Wales, and Northern Ireland) works. Instead of one flat tax rate, it now uses different tax rates depending on the total price of the property, with higher rates only applying to the most expensive parts of the purchase price.
A vote to support means
- —Supporting this Act means backing a fairer tax system for property purchases. It replaced the old stamp duty with a new version that charges tax on different amounts based on the property price, so first-time buyers and those buying cheaper homes pay less tax.
A vote to oppose means
- —Critics argue the Act still makes buying a home more expensive for ordinary people. Some worry it doesn't do enough to help young people get on the property ladder, and businesses complain about the costs of buying commercial property.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Parliament's Vote440 MPs
65% Ayes · 28835% Noes · 152
Bill Passage
Commons
- 1st reading4 Dec 2014
- 2nd reading10 Dec 2014
- Committee stage12 Jan 2015
- Report stage12 Jan 2015
- 3rd reading12 Jan 2015
Lords
- 1st reading13 Jan 2015
- 2nd reading11 Feb 2015
- Committee stage11 Feb 2015
- Report stage11 Feb 2015
- 3rd reading11 Feb 2015
Royal Assent12 Feb 2015
Full Bill Description(click to expand)
No description available