Stamp duty tax changes from Friday as holiday ends - rules from October 1
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manchestereveningnews.co.ukGet the latest property market news straight to your inbox As part of its scheme to help buyers whose finances were affected by the Covid-19 pandemic, the government announced a cut to stamp duty.
Originally the tax was supposed to end in March but was extended to October. The break in stamp duty allowed home buyers to save money by not paying stamp duty on the first £500,000 of a purchase price, saving up to £15,000. Read more: The Greater Manchester homes that have been on the market for years and still haven't found a buyer However, from Friday, the rules will start change as stamp duty returns to pre-Covid levels.
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