Scotland and Wales both unveil stamp duty holidays

16/07/2020
Scotland and Wales both unveil stamp duty holidays

Scotland and Wales are bringing in their own stamp duty holidays, meaning the taxes will be waived on purchases up to £250,000 in both countries.

Previously to be exempt from stamp duty, known as the Land and Buildings Transaction Tax (LBTT) in Scotland, purchases had to be less than £145,000 north of the border or £180,000 in Wales.

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