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Lobster
 
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Default Last nights Million Pound Property Experiment

Richard Faulkner wrote in message ...

The stamp duty is on the land and the property. Not on 'demountable
objects' or indeed furniture. However the revenue takes a dim view of a
500 grand house with 300 grand of fitted carpets and curtain rails. But
will accept maybe 10k.

Up till now no one has really made a point of separating the two. Now
there is a point, so people will...as much as they can get away with.


Course they have! - it's been going on for ages on a smaller scale (ie
10-fold) with the 50K stamp duty threshold.

David