Stamp Duty receipts rose by 20% in 2024-25 – HMRC
5 Articles
5 Articles
HMRC made an extra 23% from stamp duty in year to April
The government’s takings from stamp duty jumped by 23% in the tax year to April to reach £18.2 billion, up from £14.8bn in the previous year, official figures show. Within this total, which includes taxes on sales of shares, stamp duty on property sales (stamp… The post HMRC made an extra 23% from stamp duty in year to April appeared first on Mortgage Finance Gazette.
Stamp Duty receipts rose by 20% in 2024-25 – HMRC
HMRC’s latest annual stamp tax report showed a sharp increase in receipts and transactions in 2024-25, driven by higher surcharge rates, forestalling activity ahead of April 2025 SDLT threshold changes, and continued strength in both residential and non-residential markets. Total receipts rose 23% year-on-year, increasing from £14.8bn in 2023-24 to £18.2bn in 2024-25. SDLT receipts grew 20% over the same period to £13.9bn. HMRC attributed this t…
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