Parliamentary stamp duty holiday debate to go ahead

Posted on Tuesday, January 26, 2021

Parliamentary stamp duty holiday debate to go ahead

Petitions committee circumvents ban on Westminster Hall debates with online meeting at 4.30pm on 1st February.

The property industry is to get its parliamentary debate on a stamp duty holiday extension after the Petitions Committee announced that MPs will be able to debate the popular e-petition on 1st February via a virtual debate.

This had originally thought to have been delayed after Jacob Rees-Mogg announced that the chamber in which e-petitions with more than 100,000 signatures can be debated was to be closed ‘until further notice’ due to Covid.

The stamp duty e-petition in question, which has been signed by over 125,000 people so far, asks for a six-month extension to the stamp duty holiday for homes for sale under £500,000.

The online debate will not be hosted by the Petitions Committee at 4.30pm on 1st February

Elliot Colburn, member of the Petitions Committee, will lead the session. Jesse Norman MP, Financial Secretary to the Treasury, will respond.

The petition session will be available to watch live on Parliament TV and Parliament’s YouTube channel.

News Update taken from ‘The Negotiator’ - Nigel Lewis - 26th January 2021