Proposed Budget (Government Plan) 2025-2028 (P.51/2024): twenty-fifth amendment (P.51/2024 Amd.(25)) – amendment. (P.51/2024 Amd.(25).Amd.) – Children’s Rights Impact Assessment. Stamp Duty Exemption.

1)  Name and brief description of the proposed decision

The subject of your CRIA may be a proposed law, policy or proposition and in accordance with the Law is referred to in this template as the decision'

• What is the problem or issue the decision is trying to address?

• Do children experience this problem differently from adults?

This amendment removes the buy-to-let category from inclusion within the Stamp Duty Holiday put forward by Amendment 25.

Amendment 25 refers to a freeze in Stamp Duty charges for the year 2025 on all property purchases up to £700,000

Children do not experience any direct impacts from this problem

2)  Which groups of children and young people are likely to be affected?

Groups of children could include early years, primary or secondary education; young adults; children with additional learning needs; disabled children; children living in poverty; children from particular ethnic backgrounds; migrants; refugees; care experienced children and LGBTQ+ children

None

3)  What is the likely impact of the proposed decision on children and on their rights?

• Identify any potential positive OR negative impacts and include indirect impacts on children and their rights as described in the UNCRC

• Will different groups of children be affected differently by this decision?

N/A

4)  Is a full Children's Rights Impact Assessment required?

If you have identified impacts on children and their rights, a full CRIA should be completed. If no impacts are identified then a Full CRIA is not required, but please explain your rationale and how you reached this conclusion

No. This decision will not impact children's rights