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.
10:22 AM 24, Oct 2016 Harry Fairhead
10:10 AM 18, Oct 2016 The TaxPayers' Alliance
12:58 PM 14, Oct 2016 Sunny Chen
9:16 AM 13, Oct 2016 The TaxPayers' Alliance
1:00 AM 13, Oct 2016 The TaxPayers' Alliance
2:41 PM 12, Oct 2016 Tom Banks