“Conference, the next Conservative Government will abolish stamp duty on your home. It will be gone.”

• Conservatives: Kemi Badenoch Announces Our Plan to Abolish Stamp Duty (speech text), 8 Oct 2025
• Conservatives: Our Plan To Get Britain's Economy Growing (Andrew Griffith speech), 5 Oct 2026
• Conservatives: policy page (savings list and Golden Economic Rule)
• Institute for Government: stamp duty land tax explainer (Badenoch pledge section)
• Chartered Institute of Taxation: Conservative Party Conference 2025 report

1. Corrected on 6 Oct 2026: Cost range in version 1The range mixed the current cost with the 2029-30 cost (a time profile). Cards show one year: the party's 2029-30 figure, with an editorial ±10% because the party gives a central figure only.Was: £4.5bn to £9bn a year (central £9bn)Now: £8.1bn to £9.9bn a year (central £9bn)Source for the correction
2. Corrected on 6 Oct 2026: Cost note in version 1The £4.5bn is the current cost, not the 2029-30 cost at today's prices, so it cannot be the low end of a 2029-30 range. The note now gives the year shown, the editorial ±10% and the two costs as a time profile.Was: “The party's own estimate is £9bn in 2029-30 (used as central and high); it notes the cost at today's prices is about £4.5bn (low). The Institute for Government says these figures are roughly consistent with forecasts: stamp duty raised just over £10bn in 2024-25, about half of it on additional homes. The party says it has not counted any extra tax from more housing sales. No OBR or HMRC costing of this pledge.”Now: “Year shown: 2029-30, the year the party costed. The party's own estimate is £9bn in 2029-30 (central); it says the current cost is about £4.5bn, so the yearly cost rises over time. The Institute for Government says these figures are roughly consistent with forecasts: stamp duty raised just over £10bn in 2024-25, about half of it on additional homes. The party says it has not counted any extra tax from more housing sales. No OBR or HMRC costing of this pledge. Low–high is an editorial ±10% because the source gives a central figure only.”Source for the correction
3. Corrected on 6 Oct 2026: How it is paid for in version 1The entry shortened the party's wording. Its policy page says the rest goes to "tax cuts and pro-growth measures".Was: “From the £47bn of savings the party says it has identified (including £23bn from welfare, £8bn from cutting the civil service and £7bn from overseas aid). Under its Golden Economic Rule at least half of the savings go to cutting the deficit and the rest to tax cuts.”Now: “From the £47bn of savings the party says it has identified (including £23bn from welfare, £8bn from cutting the civil service and £7bn from overseas aid). Under its Golden Economic Rule at least half of the savings go to cutting the deficit and the rest to tax cuts and pro-growth measures.”Source for the correction

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