Economic Impact of Stamp Duty
The Tax Payers’ Alliance believes that in the long term Stamp Duty Land Tax should be abolished. However reforms are also possible that would ease the burden on families with a limited, or even positive, impact on overall tax receipts.
In new research based on the relationship between the tax rate and transaction volumes, estimated by Best and Kleven, we show that cutting the rate of tax of Stamp Duty Land Tax can not only enhance economic growth and aid mobility but actually be fiscally neutral overall. With transaction volumes close to a historic low this is the time to act.
6:00 AM 05, Dec 2016 The TaxPayers' Alliance
6:00 AM 05, Dec 2016 Harry Fairhead
6:00 AM 26, Nov 2016 Harry Fairhead
4:56 PM 24, Nov 2016 James Price
2:13 PM 23, Nov 2016 The TaxPayers' Alliance
10:57 AM 23, Nov 2016 Alex Wild