London stamp duty revenue up by £340m

7th October 2016

HMRC data reveals the amount of stamp duty collected on house sales in London rose by 11% in 2015-16 to reach £3.4bn. The increase - following the introduction of new rates at the end of 2014 - represents a £340m rise in stamp duty receipts in the capital. The number of transactions in London was up by just under 4% over the year, at 159,000.

The Guardian (30/09/2016)