Analysis of Conservative Stamp Duty Abolition Pledge
TL;DR
IFS estimates stamp duty abolition cost at £4.5bn; calls SDLT 'economically damaging.'
Independent fiscal analysis of Badenoch's stamp duty abolition proposal. IFS estimates direct cost of £4.5bn versus Conservative Party's £9bn estimate, noting stamp duty is 'one of the most economically damaging taxes.'
Key Findings from Studies (2025)
- IFS estimates abolition cost at £4.5bn per year
- Conservative estimate: £9bn
- Including Scotland/Wales would raise cost to £10.5-11bn
- IFS describes stamp duty as economically damaging