Zero Carbon Stamp Duty Exemption

Treasury written question – answered on 7th July 2009.

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Photo of Stewart Jackson Stewart Jackson Shadow Minister (Communities and Local Government)

To ask the Chancellor of the Exchequer how many homes had qualified for the zero carbon stamp duty exemption on the latest date for which figures are available.

Photo of Caroline Spelman Caroline Spelman Shadow Secretary of State for Communities and Local Government

To ask the Chancellor of the Exchequer how many domestic dwellings have qualified for the zero carbon stamp duty exemption.

Photo of Sarah McCarthy-Fry Sarah McCarthy-Fry Parliamentary Secretary, HM Treasury

The Government have set a deliberately stretching target that all new homes must be zero carbon by 2016. The stamp duty land tax relief (SDLT) for zero carbon homes was introduced to help kick-start the market for new highly efficient technologies in homes, both for the fabric of the building and in the use of micro-generation, and sets a gold standard for green homes. Few currently exist, but the purpose of the relief is to act as signal. We have always made it clear that the SDLT relief for zero carbon homes would evolve and we expect to see more of these homes built in the future. 21 homes have qualified for the zero carbon homes relief since October 2007.

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