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Stamp Duty News


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UK Property Experts to Campaign for Stamp Duty Tax Reform

As the Stamp Duty holiday is about to expire at the end of this year, more and more UK organisations stand up to it. The latest announcement made by the Association of Residential Lettings Agents (ARLA) suggests that it teamed... (Continue reading)

Stamp Duty Holiday Abolition to Affect Property Market Recovery – RICS

World’s leading body for standards in property, land, and construction – the Royal Institution of Chartered Surveyors (RICS) – recently expressed its concern over the possible consequences of stamp duty holiday abolition at the end of December 2009. In the opinion... (Continue reading)

Stamp Duty Holiday – to Be Extended or Not?

The break, known as stamp duty holiday, allowing buyers not to pay the stamp duty tax if the property they purchase costs less than £175,000, will no longer be available at the end of this year. On average, UK house buyers,... (Continue reading)

No Tax Payment is Required

According to the data, provided by the official source, the quantity of properties that are priced high enough to qualify for the stamp duty free policy is increasing and this fact pleases Londoners for sure. The fall down on the property... (Continue reading)

George Lee Calls for a Dramatic Cut in the Stamp Duty

Yesterday, on Wednesday, May 20th Fine Gael’s George Lee has called upon the Government to cut the stamp duty tax by 2% as it is supposed to get the property back on track. His party is planning to officially take the... (Continue reading)

Chancellor’s Stamp Duty Tax Paid by Public

According to recent data, Alistair Darling has changed the location of his “main home” already 4 times in 4 year, which resulted in the fact that almost £10,000 were contributed by taxpayers to the costs of the Chancellor decisions. The change... (Continue reading)

The Government’s 2009 Budget and the Expectations of Housing Market Players

In spite of the government intention to kick the stagnated housing market, nothing happened. The Government’s 2009 Budget left the mortgage industry players disappointed. Industry figures unanimously keep insisting on further Government reforms of the tax. Specialists say that the Government should... (Continue reading)

Nationwide Proposes ISA and Stamp Duty Reform

Nationwide, one of the largest UK building societies, has called upon Chancellor Alistair Darling to review the ISA policies and reform the stamp duty tax. The Building society is interested in encouraging the savings habit among its customers as well as... (Continue reading)

Members of Parliament Claim Stamp Duty on Expenses

The examination of one of the most unpopular Labour’s taxes – stamp duty – revealed that members of parliament avoid the tax of up to £10,000 on their 2nd and 3rd homes by claiming it back on parliamentary expenses. Stamp duty is... (Continue reading)

Reform of Stamp Duty Is Required

The British Property Federation believes that the residential rental property sector will become more attractive to investors if the government reforms the stamp duty. According to BPF, currently the problem is that at the moment investors are discouraged from pumping... (Continue reading)

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