Budget 2007 Introduction Personal Income Tax National Insurance Contributions Employees Savings & Investments Trusts Capital Gains Tax Stamp Duty Land Tax Inheritance Tax Corporation Tax Business Tax Value Added Tax Other Measures Tax Tables National Insurance

Stamp Duty Land Tax The most striking change to SDLT is a new exemption, to apply from 1 October 2007 to 30 September 2012, for the first purchase of a newly-built, "zero carbon" home costing up to £500,000. This relief does not apply on subsequent sales. Further changes include: the value of properties exchanged between connected persons will no longer be aggregated in deciding whether the higher rates of SDLT apply; the general anti-avoidance rule announced for SDLT in the December Pre-Budget Report is put on a permanent statutory footing.