New record set for stamp duty receipts in year to June
New record set for stamp duty receipts in year to June
Abstract
This is a significant 47% increase on the same period last year, when the total raised was ยฃ4.2bn - according to analysis of HMRC receipts by Coventry Building Society. Last year was a record year for stamp duty receipts, so this big jump suggests that 2022 could set a new record, generating another bumper payday for the Treasury. Higher receipts are being driven by a buoyant housing market and rising prices, with threshold for SDLT remaining frozen.
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