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The tax is paid to the government within 14 days of completion of the sale via an SDLT return to HMRC. If you have a solicitor, estate agent or conveyancer, they’ll usually file your return and pay the tax on your behalf on the day of completion and add the amount to their fees. They’ll also claim any relief you’re eligible for, such as if you’re a first-time buyer. You can also file the return and pay the tax yourself if you wish to do so.
On 8 July 2020, in response to the Coronovirus pandemic, the government announced a Stamp Duty holiday for the first £500,000 purchase price of a property for sales that are completed before 31 March 2021. On the 3rd March this deadline was extended until the 30th June 2021.