First-time buyers could face six month stamp duty saving wipe out

Running the numbers on stamp duty and first-time buyers

clock • 3 min read

Many first-time buyers' plans will be firmly on hold, writes Laura Suter. Here she explains the reasons why...

There's nothing I like more than a massive drop of data to wade through - so HM Revenue & Customs (HMRC) delighted me with a New Year treat last week when it dumped a huge spreadsheet on tax reliefs online. These figures cover the costs of all the tax reliefs the government provides, from the obvious (pension tax relief) to the downright obscure (insurance premium tax relief for spacecraft). Among this data is usually some little gems that highlight how spending, saving or income habits are changing. And one that struck me was on first-time buyers. The government provides tax relief on t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

The UK's immigration/tax disconnect on global wealth

The UK's immigration/tax disconnect on global wealth

The UK has no dedicated immigration route for internationally mobile private wealth

John Kiely and Simon Malkiel
clock 29 January 2026 • 6 min read
IHT receipts continue to climb ahead of 2027 pension changes

IHT receipts continue to climb ahead of 2027 pension changes

April – December 2025 saw Treasury net £6.6bn from estates

Jenna Brown
clock 22 January 2026 • 3 min read
Octopus' Kristy Barr: Estate planning innovation crucial as govt shifts goalposts

Octopus' Kristy Barr: Estate planning innovation crucial as govt shifts goalposts

Last two Budgets have ‘caused a lot of uncertainty, a lot of disruption’

Jenna Brown
clock 20 January 2026 • 8 min read