UK Parliament / Open data

Stamp Duty Land Tax Bill

Debate on bills on Wednesday, 10 December 2014, in the House of Commons, led by David Gauke. The answering members were Priti Patel and Shabana Mahmood.
Second reading. Agreed to on question. Programme motion on proceedings on committal, in Committee, on consideration and Third reading, and other proceedings. Agreed to on question.
Type
Parliamentary proceeding
Reference
589 cc906-922 
Session
2014-15
Department
Treasury
Legislative stage
Second reading
Procedure
Programme motions
Chamber / Committee
House of Commons chamber
Stamp Duty Land Tax Bill 2014-15
Thursday, 4 December 2014
Bills
House of Commons
Proceeding contributions
David Gauke | 589 c908 (Link to this contribution)

I beg to move, That the Bill be now read a Second time.

My right hon. Friend the Chancellor...

Lord Sharma | 589 c908 (Link to this contribution)

Of course I, like many colleagues, welcome the measure. My constituents are some of the most aspi...


Show all contributions (41)
David Gauke | 589 cc908-9 (Link to this contribution)

This is likely to have an impact, with more transactions for properties on which the stamp duty b...

Ian Swales | 589 c909 (Link to this contribution)

I welcome the rate profile that my hon. Friend has put into the Bill. Does he agree that the meas...

David Gauke | 589 c909 (Link to this contribution)

It is an example of that. In yesterday’s Treasury questions, in the context of the reduction of t...

Jim Cunningham | 589 c910 (Link to this contribution)

How does that affect the shrinking tax base? This is a genuine question, by the way. The tax base...

David Gauke | 589 c910 (Link to this contribution)

I do not know whether the hon. Gentleman is referring to the fact that there has been a deliberat...

Lord Sharma | 589 c910 (Link to this contribution)

My hon. Friend talked about the yearly property tax that others have proposed, but irrespective o...

David Gauke | 589 cc910-1 (Link to this contribution)

Indeed; that is right. These measures will be helpful for those who want to get into the housing ...

Lord Sharma | 589 c911 (Link to this contribution)

The Minister cites the schemes that the Government have implemented to help people to buy their o...

David Gauke | 589 cc911-2 (Link to this contribution)

My hon. Friend raises an important point. Indeed, I am about to mention some of the measures that...

David Gauke | 589 c912 (Link to this contribution)

I should like to make some progress, as I want to answer the question asked by my hon. Friend the...

Jim Cunningham | 589 c912 (Link to this contribution)

Obviously we want people to be able to own their homes, but there is another facet to this: socia...

David Gauke | 589 c912 (Link to this contribution)

The hon. Gentleman should bear in mind that almost 217,000 affordable homes have been delivered s...

Jake Berry | 589 c912 (Link to this contribution)

I apologise to the House for not being here for the start of the debate. I am sure that the Minis...

David Gauke | 589 c912 (Link to this contribution)

I am grateful to my hon. Friend for raising that point, because the Government have addressed thi...

John Stevenson | 589 c913 (Link to this contribution)

First, I apologise for being late, as I was serving on a Delegated Legislation Committee. I welco...

David Gauke | 589 c913 (Link to this contribution)

I am grateful to my hon. Friend for raising that point, which we debated briefly last week. Parti...

Jake Berry | 589 c913 (Link to this contribution)

What will be the SDLT position when there is a mixture of residential and commercial property? Ho...

David Gauke | 589 c913 (Link to this contribution)

The residential property would be considered under the new residential regime, and an evaluation ...

Shabana Mahmood | 589 cc913-6 (Link to this contribution)

I am grateful to the Minister for his introduction to this Bill—I am only sorry he was not breath...

Anne Main | 589 cc916-7 (Link to this contribution)

I am delighted with the changes to stamp duty; I have been campaigning for them for a significant...

John Stevenson | 589 c917 (Link to this contribution)

Does my hon. Friend therefore suggest that commercial and residential properties should have the ...

Anne Main | 589 cc917-8 (Link to this contribution)

I do suggest that. I am sure that budgetary constraint is the reason that has not been done, but ...

Ian Swales | 589 c918 (Link to this contribution)

I will not detain the House for long but I want to register the Liberal Democrats’ support for th...

Priti Patel | 589 c918 (Link to this contribution)

It is a pleasure to respond to this efficient debate, and I welcome the consensus on it across th...

Anne Main | 589 c919 (Link to this contribution)

Will my hon. Friend clarify whether that is 98% of all transactions or 98% of all domestic transa...

Priti Patel | 589 c919 (Link to this contribution)

The reform cuts stamp duty for 98% of people who pay it. That is the point I was making.

Th...

Ian Swales | 589 c919 (Link to this contribution)

Can the Minister clarify the situation where buy-to-let residential property might be owned withi...

Priti Patel | 589 c920 (Link to this contribution)

Property in the buy-to-let framework would be treated as residential.

Jake Berry | 589 c920 (Link to this contribution)

I refer to the point about flipping between commercial and residential arrangements. My hon. Frie...

Priti Patel | 589 c920 (Link to this contribution)

My hon. Friend makes a valid point about keeping the arrangements under review. We want to ensure...

Greg Knight | 589 c920 (Link to this contribution)

Clause 2 refers to the purchaser being able to elect that the new calculations do not apply, and ...

Priti Patel | 589 c920 (Link to this contribution)

Absolutely. Ministers are involved in the process and will be consulted. That is right and proper...

Cathy Jamieson | 589 c920 (Link to this contribution)

Was discussion with the Scottish Government held in advance of the announcement? Will there be ad...

Priti Patel | 589 c920 (Link to this contribution)

This is a commercially sensitive area so specific discussions were not held. I reiterate that as ...

Cathy Jamieson | 589 c920 (Link to this contribution)

The Minister refers to the normal policy-making process. However, given that the changes in Scotl...

Priti Patel | 589 c921 (Link to this contribution)

These are now devolved matters, as the hon. Lady knows. As part of not only the devolution proces...

John Stevenson | 589 c921 (Link to this contribution)

I am grateful for the earlier clarification about the Government’s position on commercial propert...

Priti Patel | 589 c921 (Link to this contribution)

Agricultural property would be treated in the same way as commercial property. I hope that answer...

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