Abstract
Considers the justifications, particularly job creation during the coronavirus pandemic, for the UK's extension of the nil-rate threshold for stamp duty land tax relief at the £500,000 level until 30 June 2021, with a decrease to £250,000 for transactions between 1 July and 30 September 2021. Discusses the regressive nature of the relief, the main beneficiaries, including high-value buyers, and whether the initiative was misdirected.
Original language | English |
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Pages (from-to) | 127-130 |
Number of pages | 4 |
Journal | British Tax Review |
Volume | 2021 |
Issue number | 2 |
Publication status | Published - 28 Jun 2021 |