Stamp duty specialist recommends introducing reliefs to encourage investment
Original Article Summary
The government should introduce a new and better version of Multiple Dwellings Relief (MDR) if it wants to increase stamp duty receipts, according to stamp duty specialist SCA Tax. MDR allowed buyers of multiple dwellings to pay a single transaction of stamp duty until it was abolished from June 2024, amid disputes of what qualifies […] The post Stamp duty specialist recommends introducing reliefs to encourage investment appeared first on PropertyWire.
PropMatch Curated Analysis
Stamp duty specialist SCA Tax recommends reintroducing Multiple Dwellings Relief and creating targeted stamp duty reductions for vacant properties and refurbishments to boost investment activity. This could significantly reduce acquisition costs for property investors while increasing government revenue through higher transaction volumes.
Investor Relevance
Direct impact on acquisition costs - the cornerstone of property investment returns. Proposed MDR revival could reduce stamp duty on multi-unit purchases, while reliefs for vacant/dilapidated properties would benefit value-add strategies. EPC improvement reliefs align with regulatory trends and could enhance investment viability in older stock.
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