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Government could cut stamp duty on green homes


The Government could cut stamp duty on sales of homes improved to be more energy efficient.

Minister of state for climate change and industry Claire Perry says doing so would encourage people to make their homes more environmentally friendly.

Perry told the BBC Today programme that the Government was considering the move.

She added: “We also need to look at building regulations and new building regulations to see what more needs to be done there.”

“I think it is more likely that a home where insulation has been put in would attract a higher value because the running cost of that home over the lifetime of ownership would be lower so again there is no one magic bullet.”

Perry also says that homeowners need to make their homes greener so the Government meets European Union carbon emissions targets.



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The total amount of stamp duty collected in 2016-17 was £15,480m, according to HMRC statistics released today. The figure is an 11 per cent increase on the previous year and includes the two main categories of ‘land and property’ and ‘stocks and shares and other liable securities’. Land and Property Stamp Taxes increased by 10 per […]


Accountants call for sellers to pay stamp duty

An accountancy group is calling on the Government to make sellers pay stamp duty, rather than buyers. The Association of Accounting Technicians, which has more than 140,000 members, made the suggestion in its Budget submission to the Chancellor this week. The AAT says: “In recent weeks there have been calls from politicians, the property industry […]

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The number of residential property transactions liable to pay Stamp Duty fell by 5 per cent in Q1 this year on a non-seasonally adjusted basis, according to statistics from HMRC. However, the number of liable residential transactions was 1 per cent higher in the financial year 2016 – 2017 compared to the previous year. The […]

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