Stamp Duty Changes from April 2025 - What You Need to Know!
5th November 2024
As UK newspaper headlines cover the US Election while the UK government blurts out seemingly random policies by the day, some of the fine print of last week’s budget may have gone unnoticed.
In particular the changes to Stamp Duty, or Stamp Duty land Tax to give it is full name, To be clear, changes to the stamp duty brackets in 2022 were just a temporary holiday to help ignite the market post Covid, but given that the changes will affect everyone looking to sell or buy a home in the next year Turners wanted to outline what it might mean for you when selling or buying your home over the next few months.
Firstly, let’s set out the changes with some simple tables:
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