29 Jun

Experts Question Stamp Duty Policy

After stamp duty was raised April 2016, house sales dipped by 7% in the rest of the year according to Lloyds, and HMRC figures have shown further 3.3% fall between April and May 2017. Jamie Whyte, at the Institute of Economic Affairs blamed the hikes in stamp duty, commenting: “Taxes on transactions, such as stamp duty, are highly damaging and the slowing of housing sales is a symptom.”

For more information on the impact of stamp duty, read the full article in thisismoney.co.uk

 

Cookies We use cookies to ensure that we give you the best experience on our website. To find out more about our cookies policy, see our cookies policy here or in the footer.