Steve McCabe – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Steve McCabe on 2016-02-11.

To ask Mr Chancellor of the Exchequer, if he will exempt people from the extra three per cent stamp duty charge on second properties who have moved home because of flooding and are unable to sell their primary home within the 18 month eligibility period for a refund.

Mr David Gauke

The Government has consulted on the changes to ensure they are introduced in a fair way, and is now carefully analysing the consultation responses received. The final policy design will be confirmed at the Budget on 16 March 2016, before the new rules come into effect on 1 April this year.