Speaking here in February, I stated that

'the Welsh Government's increased land transaction tax higher rates, which hit large numbers of legitimate small and medium-sized businesses, many of them with properties near the internal UK border with England, are higher than equivalent stamp duty land tax higher rates in England for purchase prices up to just £125,000, and higher for all purchase prices in England above just £180,000...even after the higher rates holiday introduced by the UK Government in response to the COVID pandemic comes to an end'.

Further, higher rates of land transaction tax are levied on the purchase of properties to rent, as well as second homes. How do you therefore respond to the constituent who e-mailed last week, 'I have a small holiday let business, and the house next door to me came on the market, being sold through a local estate agent. I wish to renovate it and use it as a holiday let, not a second home. I've found that it is subject to a large amount of land transaction stamp duty. The house is not habitable and I'm trying to encourage people to visit Wales and bolster the economy'?