The past 18 months have seen a number of changes to stamp duty that could affect development in Yorkshire and the northeast.
Earlier this year the European Union (EU) approved the lifting of the £150,000 threshold on exemption from stamp duty for transfers of commercial property in disadvantaged areas. Many have hailed this as exactly the step needed to boost investment in areas that have previously been overlooked, of which Yorkshire and the northeast have many. The Government announced that the budget of 9 April will confirm this exemption for transfers on or after this date.
