In article , Mike
Mitchell wrote:
What's the betting that stamp durty will rise significantly,
Hopefully he'll have the sense to introduce transitional bands so
that (say) you pay the same at £200K and £300K but there is no
sudden step change at £250K instead of the current 1%-3% jump so the
transitional rate would be 7% on the £200-300K band. The problem
with this is that the press would have a field day pointing out that
the stamp duty on a £240K house had gone up from £2,400 to £4,800
whilst ignoring the fact that houses that were priced at £249,999
could now be sold for £260K leaving the seller considerably better
off. And at £275K you'd pay £7,250 instead of the current £8,250.
But it would be easier just to charge everyone 5% g
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