Finance (No. 2) Bill 2000

Public bill · Government · Presented

Raises residential property stamp duty to 9% on sales and certain leases, while providing reduced rates or exemptions for owner-occupiers and first-time buyers subject to residence conditions. Introduces a 2% annual anti-speculative property tax from 6 April 2001 to 2003 on certain residential property, excluding principal homes, property already owned before 15 June 2000, and several other categories; owners must file returns and can face interest and penalties for non-compliance.

Formal long title

Bill entitled an Act to charge and impose certain duties of inland revenue, to amend the law relating to inland revenue and to make further provisions in connection with finance

Last updated 23 April 2018