Submitted by Antony Antoniou on Tuesday 3rd November 2020
Published on Tuesday 10th November 2020
Current status: Closed
Closed: Monday 10th May 2021
Signatures: 554
Relevant Departments
Tagged with
Bubble ~ Covid ~ Covid-19 ~ Economy ~ Extend ~ IMPACT ~ March ~ SIX MONTHS ~ Stamp duty ~ UK ~ UK economy
Extend the stamp duty holiday and phase out gradually
We would like the Government to review the end of the stamp duty holiday, as we believe it should not end on the 31st of March.
We would like the Government to extend the stamp duty holiday for another six months and beyond that, it should be phased out over a period of six months, to avoid a bubble that could burst with terrible consequences, but rather a reduction on a sliding scale that should reduce impact o one of the most important sectors of the UK economy.
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