§ Mr. GrayTo ask the Chancellor of the Exchequer what plans he has to reform Stamp Duty Land Tax on leases. [151559]
§ Dawn PrimaroloAll tax rates and thresholds are kept under review and can be changed as part of the annual Finance Bill. I cannot anticipate what my right hon. Friend the Chancellor of the Exchequer might announce in this year's Budget.
Following consultation earlier this year, substantial changes were made to the Stamp Duty Land Tax charge on the rental element of new leases which will help all tenants and will be of special benefit to small and medium sized businesses.