STAMP DUTY REVENUE RECEIPTS

04.10.18

On 28 September 2018, HMRC published its detailed stamp duty receipt figures for 2017/18. They showed that receipts from property worth more than £1 million totalled almost £2.9 billion. That is a full £1 billion more than in 2013/14 (the last fiscal year before the stamp duty overhaul of December 2014).

Receipts from properties in Kensington and Chelsea and the City of Westminster totalled more than the receipts for the whole of Wales, the North East of England, the North West of England, and Yorkshire and Humberside combined.

The additional homes 3% surcharge currently raises £1.9 billion inn revenue.
Source: HMRC

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