Submitted by Philip R Brown on Thursday 9th November 2023
Published on Tuesday 21st November 2023
Current status: Closed
Closed: Tuesday 21st May 2024
Signatures: 106
Relevant Departments
Stamp Duty Relief for people who have to move due to unforeseeable life events
Provide stamp duty relief where individuals are required to move homes due to unforeseeable life events. These events include, but are not limited to, the need for accessible housing for new wheelchair users or individuals who can no longer afford payments on their current property.
In the UK, stamp duty relief for unforeseeable life events can offer financial assistance to individuals in need, like those requiring accessible housing or facing financial hardship. We believe this would demonstrate social responsibility, help stimulate the housing market, and enhance the Government's public image. A well-designed policy can strike a balance between individual support and fiscal responsibility.
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