MPs met virtually to discuss the stamp duty holiday extension introduced during the Covid-19 outbreak after a petition on the UK government’s website secured enough signatures for it to be considered for debate in Parliament.
The petition, titled ‘Extend the Stamp Duty Holiday for an additional 6 months after 31st March 2021’, has attracted more than 140,000 signatures.
MPs from across the house took part in the 65-minute online session.
Responding to the debate on behalf of the government, Jesse Norman MP, financial secretary to the Treasury, said it was not appropriate in this debate to “comment on tax policy outside a fiscal event”.
We will now have to wait for the chancellor’s Budget on 3 March to know more.