| 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| Text of statute as originally enacted | |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 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]
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 16 September 2020.
- 1 2 "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.
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