While some property buyers may be holding out with the anticipation that stamp duty in the UK will be reduced in the autumn 2017 , Lucian Cook , director of residential research at Treasury , said that it 's unlikely unless it 's part of wider property taxation reform . Between £1-2 million a third of sales incurred the 3 per cent surcharge and above £2 million that rises to 44 per cent. HMRC figures reveal that overall receipts from stamp duty are still increasing , with the Treasury earning £ million from it in autumn of 2017 . Sales of homes over £ 1 million remain robust with HMRC receiving a large amount of revenue from these sales .
While some property buyers may be holding out with the anticipation that stamp duty in the UK will be reduced in the autumn 2017 , Lucian Cook , director of residential research at Treasury , said that it 's unlikely unless it 's part of wider property taxation reform . HMRC figures reveal that overall receipts from stamp duty are still increasing , with the Treasury earning £ million from it in autumn of 2017 . Sales of homes over £ 1 million remain robust with HMRC receiving a large amount of revenue from these sales .