Original article by Georgia Lee – 22nd February 2022 – mortgagestrategy.co.uk
Stamp duty tax collected by the government totalled £15.2bn during April 2021 to January 2022, an increase of £5.3bn compared to the same period last year, according to recent figures from HMRC.
“2021 was a record year for the Treasury, with the highest ever stamp duty receipts in a calendar year and it’s no surprise that this tax revenue stream remains strong in 2022, particularly with house prices continuing to rise and demand staying strong amid the ‘race for space’ created by home owners changing requirements”, said Coventry Building Society head of intermediary relationships, Jonathan Stinton.
Read the full article here – https://www.mortgagestrategy.co.uk/news/stamp-duty-tax-receipts-jump-5-3bn-in-2021/
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