Economic Impact of Stamp Duty

August 16, 2013 9:53 PM

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.

To read the full report, click here 

Latest Blogs:

TaxPayers' Alliance Icon

Polling on HS2

12:49 PM 20, Feb 2017 The TaxPayers' Alliance

TaxPayers' Alliance Icon

How much could HS2 end up costing taxpayers?

12:01 AM 20, Feb 2017 The TaxPayers' Alliance

TaxPayers' Alliance Icon

Cardiff raise Council Tax by 3.7%

11:08 AM 10, Feb 2017 Lee Canning

TaxPayers' Alliance Icon

A dedicated 'NHS' tax

9:34 AM 09, Feb 2017 Alex Wild

TaxPayers' Alliance Icon

Making the taxman work for the taxpayer

2:02 PM 08, Feb 2017 James Price