Stamp Duty Land Tax Revenue

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Bim Afolami: To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the total sum of revenue that it has generated from increases in stamp duty since 2010.

Mel Stride: The government has introduced a number of reforms to Stamp Duty Land Tax since 2010, including major reforms to the rates and overall structure of the tax, and the introduction and withdrawal of reliefs. Along with such reforms, a wide range of factors affect revenues from SDLT, including wider economic factors which impact the residential and commercial property markets.

Where changes have been introduced, the estimates of the direct exchequer costs of these measures are available in the OBR’s policy measures database and the HM Treasury Red Book.


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