Scrap stamp duty or watch tenants bear the brunt of buy-to-let tax hikes - Landlord Today

“For decades politicians have failed to tackle the root causes of the housing crisis: a chronic lack of supply,” said Jonathan Isaby, chief executive of the TaxPayers' Alliance.

“Stamp duty is still punitively high and gimmicky tweaks to the tax system will ultimately end up penalising tenants and increasing rents,” he added. “The new Chancellor should now seize the opportunity to drastically simplify and reduce property taxes, while removing planning restrictions which prevent huge swathes of land from being built on for no good reason at all.”

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Scrap stamp duty or watch tenants bear the brunt of buy-to-let tax hikes - Landlord Today
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