Date: 29 November 2022
Author: uprated
The September mini budget helped homebuyers by raising the threshold for starting to pay Stamp Duty to £250,000 from £125,000. At the same time, the threshold for first-time buyers was raised from £300,000 to £425,000. In the Autumn Statement, the Chancellor announced that both these measures would be abolished from 31 March 2025. We therefore have a time-limited Stamp Duty allowance.
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