This petition was submitted during the 2019-2024 parliament
Rejected petition Extend stamp duty tax exemption for Muslims to Christians, Jews, & other faiths
A 5% stamp duty tax is mandatory for house purchases over £250,000. The government's website says "You do not have to pay SDLT or file a return if...you use alternative property financial arrangements, e.g., to comply with Sharia law (1) & (2.) This unfairly discriminates against non -islamics.
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Islamics, like Christians & Jews are forbidden from paying interest. This tax avoiding loophole is discrimination in the extreme & should be extended to all faiths. Why should those of one faith legally avoid tax on religious grounds when other faiths forbid it too? There should be one law for everyone irrespective of religion.
(1) https://www.gov.uk/government/publications/islamic-financing/practice-guide-69-islamic-financing (2) https://www.gov.uk/stamp-duty-land-tax/reliefs-and-exemptions
This petition was rejected
Why was this petition rejected?
There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
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Muslims are not exempt from stamp duty, although certain property financial arrangements arrangements are exempt from Stamp Duty Land Tax and Land Transaction Tax.
We have published the following petition, which you might like to sign:
Abolish stamp duty entirely to reduce the cost of buying a home: https://petition.parliament.uk/petitions/633795
Abolishing stamp duty would not change the fact that most home buyers use mortgages, where interest is charged on the loan, to purchase a property.
We only reject petitions that don’t meet the petition standards.