Completed petition Extend stamp duty relief following the announcement of a further lockdown
With the boost to the economy and increase seen in property transactions since the stamp duty holiday was implemented in Wales, an extension to this relief by tapering the end date would avoid a property cliff edge likely to be seen should we see an abrupt end to the relief support. Maybe the welsh government could consider that the relief could apply to any transactions where exchange of contracts took place prior to March 31st 2021 to allow any intended transactions to complete and benefit
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Other Senedd business
Land Transaction Tax – extension of the temporary tax reduction period
On 3 March 2021 the Welsh Government announced an extension to the Land Transaction Tax (LTT) temporary tax reduction period for transactions that complete from 1 April 2021 to 30 June 2021, following a similar decision taken in England as part the UK Government’s budget announcement.
The Welsh Government’s announcement can be found here: https://gov.wales/written-statement-land-transaction-tax-extension-temporary-tax-reduction-period