Introduction Summary
1.Section 10 amends the provisions in Finance Act 2003 in order to raise the starting threshold for stamp duty land tax (SDLT) on residential property from £125,000 to £175,000. The measure will be time-limited and will apply to transactions made between 22 April 2009 and 31 December 2009. After that date the SDLT threshold for residential property will revert to £125,000.