| answer text |
<p>HMRC publish quarterly and annual statistics on transaction volumes which are available
on GOV.UK.</p><p> </p><p>At Autumn Statement 2014 the Government reformed the structure
of Stamp Duty Land Tax, cutting the tax paid on all purchases of residential property
to a value of £937,500, unless purchasing additional property – a reduction for 98%
of those paying the tax.</p><p> </p><p>Housing market activity is affected by a wide
variety of factors, of which Stamp Duty Land Tax is just one.</p>
|
 |
