Petition Abolish CGT and stamp duty surcharge for small residential renovations

I would like the government to abolish the stamp duty surcharge for small residential renovations, which would be primarily be aimed at small developers, and to abolish Capital Gains Tax for renovations of properties that have fallen into disrepair.

More details

There are over 600,000 properties in the UK that are either unfit for purpose, or in a state of serious neglect.

The introduction of the stamp duty surcharge seriously impacted the appeal of small residential renovations, which were traditionally conducted by small builders or developers, and the winding down of the Capital Gains Tax allowance could see these renovations stop completely. The abolition of both will bring more properties to the market for first time buyers.

This petition is closed This petition ran for 6 months

20 signatures

Progress of the petition towards its next target: 20 of 10,000 signatures required to get a government response

Show on a map the geographical breakdown of signatures by constituency

10,000 signatures required to get a government response

Date closed 30 November 2023
Get petition data (json format)

About petition data

The data shows the number of people who have signed the petition by country as well as in the constituency of each Member of Parliament. This data is available for all petitions on the site. It is not a list of people who have signed the petition. The only name that is shared on the site is that of the petition creator.