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 8th July 2020 the Government announced a stamp duty holiday to support the economy through the COVID-19 crisis. This holiday was extended on the 3rd March and now lasts until 30th June 2021.