Stamp duty surcharge
This content has been automatically generated from the original PDF and some formatting may have been lost, therefore it should not be relied upon to extract citations or propose amendments. Please see the PDF for the official version of the document.
WQ.75/2026
WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES
BY DEPUTY M.B. ANDREWS OF ST HELIER NORTH
QUESTION SUBMITTED ON MONDAY 16th MARCH 2026
ANSWER TO BE TABLED ON MONDAY 23rd MARCH 2026
Question
"Following the implementation of the 3% stamp duty surcharge on residential properties that are not a purchaser's main residence, will the Minister state –
- the number of transactions in which the surcharge has been levied; and
- the number of first-time buyer purchases since the implementation of the surcharge?"
Answer
The higher rate of stamp duty was enacted with effect from 1 January 2023 in both the Stamp Duties (Jersey) Law 1998 and the Taxation (Land Transactions) (Jersey) Law 2009. Information is provided for transactions under both laws.
Stamp Duty | Higher rate purchases | First-time buyer purchases |
2023 | 51 | 96 |
2024 | 70 | 251 |
2025 | 73 | 305 |
Land Transaction Tax | Higher rate purchases | First-time buyer purchases |
2023 | 233 | 111 |
2024 | 46 | 69 |
2025 | 60 | 86 |
Both | Higher rate purchases | First-time buyer purchases |
2023 | 284 | 207 |
2024 | 116 | 320 |
2025 | 133 | 391 |