Stamp Duty Land Tax:
Mixed-Property Purchases and Multiple Dwellings Relief - summary
of responses
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Detail of outcome
In relation to mixed-property purchases, the government has
decided not to take forward any changes to the Stamp Duty Land
Tax rules.
In relation to Multiple Dwellings Relief (MDR), following the
consultation, the government commissioned an external evaluation
of MDR to assess
whether the relief is meeting its original objectives of
supporting investment in residential property and the private
rented sector.
The evaluation found no strong evidence that MDR supports these objectives.
The government’s view therefore is that the relief no longer
achieves its original aims in a cost-effective way and
legislation will be introduced to abolish MDR with effect from 1 June
2024.
While the potential options for reform of MDR outlined in the
consultation document have now been overtaken by the decision to
abolish MDR, the
responses to the original consultation on MDR are, nevertheless, set out
in this response document.
Original consultation Summary
We welcome views on options to change the Stamp Duty Land Tax
rules for mixed-property purchases and Multiple Dwellings Relief.
This consultation ran from
9:30am on 30 November 2021 to 11:45pm on 22 February
2022
Consultation description
This consultation invites views on possible changes to 2 areas of
the Stamp Duty Land Tax (SDLT) regime:
- changes to the way SDLT is calculated for purchases of
mixed-property - that is, purchases which consist both of
residential and non-residential property
- options to reform Multiple Dwellings Relief, available on the
purchase of 2 or more dwellings
The aim of this consultation is both to make the system fairer
and to reduce the scope for incorrect or abusive claims.
HMRC welcomes discussions with interested parties. If you would
like to meet with policy officials, please contact HMRC.
Documents
Stamp Duty Land Tax mixed
property purchases and Multiple Dwellings Relief (open document
format)
Stamp Duty Land Tax mixed
property purchases and Multiple Dwellings Relief
