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UK Parliament · Bill
Stamp Duty Land Tax (Temporary Relief) Act 2020
Summary
This Act temporarily reduced or removed Stamp Duty Land Tax, which is a tax people normally pay when buying property in England and Northern Ireland. It was introduced in 2020 to help the property market during the coronavirus pandemic by making house purchases cheaper.
A vote to support means
- —Supporting this Act means helping people buy homes more cheaply by temporarily reducing or removing Stamp Duty Land Tax (a tax you normally pay when buying property). This saves buyers thousands of pounds and encourages the property market to keep moving during difficult economic times.
A vote to oppose means
- —Critics worry that removing this tax just benefits wealthy people buying expensive properties and doesn't help ordinary people much. Others are concerned it reduces the money the government collects, which could mean less funding for public services like the NHS and schools.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Parliament's Vote478 MPs
64% Ayes · 30836% Noes · 170
Bill Passage
Commons
- 1st reading13 Jul 2020
- 2nd reading13 Jul 2020
- Committee stage13 Jul 2020
- 3rd reading13 Jul 2020
Lords
- 1st reading13 Jul 2020
- 2nd reading17 Jul 2020
- 3rd reading17 Jul 2020
Royal Assent22 Jul 2020
Full Bill Description(click to expand)
No description available