Stamp Duty Holiday - Back Dated?

davidmcn

payingtaxesforfun said:

Most likely the majority of this windfall would go back into the economy for house renovation etc which is exactly what Sunak is trying to achieve with his "plan for jobs".

Yes, it might eventually trickle down in that way. But the government is also spending a vast amount of money on direct support via furloughing etc, so where would the funds be coming from to refund taxes which they've already collected and spent? And why would they want to be seen to be making a form of u-turn (or at least a diversion) from a policy which they've already thought about and enacted?

It's not going to happen, if the government think there's more support needed for the housing market I expect they'll do something different in the future, not start backdating the SDLT rules.

mattyprice4004

No, and rightly so - and I also lost out on the first-time buyer stamp duty reduction by a few weeks. 
Just the way it is I'm afraid! 

SDLTBackdate

Here is the petition for those looking to sign it. Please do sign it to backdate as I think this pandemic is a very different situation to other cut offs and I personally think it is unfair to those who bought a house when the housing market opened before the announcement on the holiday. 

SDLTBackdate

/petition.parliament.uk/petitions/310695
type https in the front as it won't allow me to post a link
Alternatively, search for this - abolish stamp duty petition

davidmcn

SDLTBackdate said:

/petition.parliament.uk/petitions/310695
type https in the front as it won't allow me to post a link
Alternatively, search for this - abolish stamp duty petition

5441 signatures so far. If lucky they might be 0.1% as successful as the Revoke Article 50 one.

Marvel1

SDLTBackdate said:

/petition.parliament.uk/petitions/310695
type https in the front as it won't allow me to post a link
Alternatively, search for this - abolish stamp duty petition

Backdated to what date?

SpiderLegs

Rather than people wasting their time on this SDLT rubbish, could I ask that people put their efforts into something a bit more sensible instead -

Make nit nurses mandatory in schools

I feel it is totally unfair for lots of children to suffer with nits due to a few parents who don’t check and go through their children’s hair. I believe if we were to bring back the nit nurse, there would be a huge decrease in cases of nits.

https://petition.parliament.uk/petitions/300478

blue_max_3

Rather than complain you paid stamp duty before the change, just move again and benefit from it. It's what Rishi would have wanted.

lauracassandracrombie

Abz26 said:

Hi,
I recently completed the purchase of our house.  And was just wondering is there any chance of claiming back the stamp duty I paid due to the announcement made this morning?

As my mortgage offer was due to expire beginning of May I had to push the sale through or risking losing the property all together.  Just want to get a feel for what my options could be, if anything?

thanks in advanced.

There's a petition on Parliament UK - search 'Abolish stamp duty' and click on the one that's linked to coronavirus. Also, write to your MP.

lauracassandracrombie

Hi all,
I'm out of pocket £15k for completing on the 1st. There's a petition on Parliament UK - search 'Abolish stamp duty' and click on the one that's linked to coronavirus. Also, write to your MP. If the petition gets to 10k signatures they have to respond.
Worth a go!