While some property buyers may be holding out with the anticipation that stamp duty in the UK will be reduced in the autumn budget, 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 HMRC earning £2.35bn from it in December 2014 . Figures published by HMRC show that overall receipts from stamp duty continue to rise. Sales of homes over £1 million remain robust with Savills receiving a large portion 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 budget, 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 HMRC earning £2.35bn from it in December 2014 . Sales of homes over £1 million remain robust with Savills receiving a large portion of revenue from these sales.