Call to slash stamp duty rates amid concerns over rent rises - Midhurst and Petworth Observer

Stamp duty rates should be halved, with a view to abolishing the tax entirely, according to the TaxPayers' Alliance.

The group argued that a recent three percentage point increase to stamp duty rates will end up driving up rents, as the costs are passed on to tenants.

The increase, which came into force on April 1, applies to people buying second homes, including buy-to-let investors.

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Call to slash stamp duty rates amid concerns over rent rises - Midhurst and Petworth Observer
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July 25, 2016 at 1:58am - 4:58am

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