Stamp duty holiday just missed

DAlfa

Hi - I have been looking for help on this for a while.. I bought a house in 2020 in the middle of corona, our property completed on 1st July 2020, and on 8th July 2020 they released the stamp duty holiday. I was wondering if there is any way I can appeal and also apply for stamp duty holiday? It is unfair to have bought a property in corona and not be eligible for this due to 7 days only. Was wondering if anyone can help Thank you

davidmcn

Not without a time machine, no.

bolwin1

No - those are the rules & there have to be cut-off dates. Some people were 'lucky' and some not. You were happy to pay the stamp duty at the time, so I don't see how you can claim it is unfair.  

AdrianC

If you bought it 7 days before the end of the holiday, and Rishi asked if you wouldn't mind paying anyway, because it's only 7 days... what would your answer be?

MaryNB

The stamp duty holiday was brought in as an incentive. There was a slump in the market during the first lockdown so they wanted to encourage people to buy to get the market going again. If you were buying anyway there's no reason for the government to grant you any relief. 

Marvel1

If the stamp duty increased instead, would you be willing to pay? 

I await your reply.

DAlfa

alright i only asked a question, no need to attack ... i'm sure you would all have the same thought if you were in my position

stig

Actually, I don’t think we would all have the same thought. It wouldn’t dawn on me that tax  was  something you can haggle over or bargain with - I can’t imagine asking “can I have next weeks tax rate instead, go on, do me a favour.....” or to think it any more unfair than a shop selling something for half price a couple of weeks after I’d bought it at full price. 

I do have a lot of sympathy with the fact you paid considerably more because of the timing, but what would genuinely be unfair is to give it back to people who complain,  but not to those who don’t - that would really be unfair, because it would be applying the rules differently to people in exactly the same situation.

Stig

[Deleted User]

DAlfa said:

alright i only asked a question, no need to attack ... i'm sure you would all have the same thought if you were in my position

I definitely empathise with you. It's like seeing an item on sale that you bought last week for full price...but to a much greater extent. You're getting the same product, but somehow have had to pay more because the incentive wasn't available at the time. Pretty aggravating.

Salemicus

No-one attacked you. They answered your question. That the answer was not to your liking is on you, not them.

JJR45

As it has caused house prices to rise since your purchase more than the discount in stamp duty you should be greatfull you missed it.