Pre Budget Report 2009 - Stamp Duty/Stamp Duty Land Tax

Extended holiday ends

No further extension of the Stamp Duty Land Tax "holiday" was announced, so properties costing over £125,000 (£150,000 in disadvantaged areas) will once again become chargeable to 1% SDLT on 1 January 2010. The threshold remains £175,000 until then.

Designated Members : M.J. Jay, F.C.A. • P.E. Farrow, F.C.C.A., A.C.A. • J.W. Hall, F.C.C.A., A.C.A. • J.R. Turner, Dip. P.F.S., A.I.F.P. • R.D. Gray, A.C.I.B. • S.J. Edwards, F.C.A.
Member: S.T. Boote, B.Sc (Econ), F.C.A.

Offices at King's Lynn and Downham Market. Registered to carry on audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Mapus-Smith & Lemmon LLP is a registered limited liability partnership.