BudgetOct 30 2024

Budget 2024: SDLT on second homes to increase to 5%

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Budget 2024: SDLT on second homes to increase to 5%
SDLT on second homes will increase from its current level of 2 per cent by 3 percentage points (Photo: Adrian DENNIS / AFP)

The stamp duty land tax surcharge on second homes will increase to 5 per cent, chancellor Rachel Reeves has announced.

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