Tories will scrap stamp duty on primary residences, Kemi Badenoch tells conference

Kemi Badenoch, the Conservative leader, has announced that the party will scrap stamp duty on sales of primary residences in England and Northern Ireland if they win the next election. This tax cut, which is estimated to cost the Treasury £9 billion per year, is aimed at boosting the Conservatives' fiscal credibility. However, stamp duty will still apply to additional properties, properties bought by companies, and purchases by non-UK residents. The announcement was made in a policy-heavy speech at the Tory conference, as the party seeks to present a clear economic plan to voters.
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