Extend stamp duty tax exemption for Muslims to Christians, Jews, & other faiths

Rejected 12 signatures

What the petition asks

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.

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

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

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: Abolish stamp duty entirely to reduce the cost of buying a home

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.

Timeline

17 Jul 2023	Petition opened for signatures
24 Jul 2023	Rejected by the Petitions Committee

Key facts

Signatures 12

Status Rejected

Rejected 24 Jul 2023

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