Stamp Duty Land Tax (Temporary Relief) Act 2020
The Stamp Duty Land Tax (Temporary Relief) Act 2020 (c. 15) an act of the Parliament of the United Kingdom that temporarily reduces stamp duty in response to the COVID-19 pandemic[1] in England and Northern Ireland.[2] Separate provisions have been made in Scotland by the Scottish Parliament, and in Wales by the Welsh Assembly.[2]
| Act of Parliament | |
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| Long title | An Act to make provision to reduce for a temporary period the amount of stamp duty land tax chargeable on the acquisition of residential property. |
|---|---|
| Citation | 2020 c. 15 |
| Introduced by | Rishi Sunak (Commons) Lord Agnew of Oulton (Lords) |
| Dates | |
| Royal assent | 22 July 2020 |
| Commencement | 22 July 2020 |
| Other legislation | |
| Amends | Finance Act 2003 |
Status: Current legislation | |
| History of passage through Parliament | |
| Text of statute as originally enacted | |
| Revised text of statute as amended | |
The act temporarily modifies the Finance Act 2003 to reduce the rate of Stamp Duty Land Tax during the period 8 July 2020 to 31 March 2021.[3]
References
- "Stamp Duty Land Tax (Temporary Relief) Act 2020 — UK Parliament". services.parliament.uk. Retrieved 2020-09-16.
- "Stamp Duty Land Tax (Temporary Relief) Act 2020 : Explanatory Notes". Legislation.gov.uk. p. 3. Retrieved 16 September 2020.
- "Stamp Duty Land Tax (Temporary Relief) Act 2020". Legislation.gov.uk. s 1(1). Retrieved 16 September 2020.CS1 maint: location (link)
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