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<p>The Government keeps all taxes under review and monitors a range of factors as
part of that process.</p><p> </p><p>More broadly, SDLT continues to be an important
source of government revenue, raising several billion pounds each year to help pay
for the essential services the Government provides. As set out in HMRC’s April 2018
release on illustrative tax changes, a 1 percentage point reduction in the main rates
of residential Stamp Duty Land Tax would cost an estimated £1.6 billion in 2019-20.</p>
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