§ Mr. PriskTo ask the Secretary of State for Culture, Media and Sport what assessment she has made of the impact of increases in stamp duty land tax on her policy for(a) the preservation of historic piers and regeneration of seaside towns and (b) for public houses and other licensed premises; and if she will make a statement. [135615]
§ Ruth KellyI have been asked to reply.
The Government have introduced disadvantaged areas relief which provides an exemption from stamp duty land tax for transactions in non-residential land in Enterprise Areas, including several areas in seaside towns. This will provide a major boost to businesses investing in commercial premises in those areas. No assessment has been undertaken of the effect on the preservation of historic piers.
The impact of stamp duty land tax on public houses and other licensed premises was considered and discussed as part of the recent consultation process.