Autumn Statement 22: Stamp duty cuts to remain until 2025

In the Autumn Statement, delivered today (17 November), Hunt said this decision resulted from Office for Budget Responsibility's (OBR) expectation that housing activity would slow over the next two years. "After that I will sunset the measure, creating an incentive to support the housing market and the jobs associated with it by boosting transactions during the period the economy most needs it," he added. The government will amend the Stamp Duty Land Tax (Reduction) Bill to implement this measure. Commenting on the measure, HM Treasury tweeted: "This is to help the jobs & firms tha...