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Senior Member
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Osborne Announces Historic Stamp Duty Reform
http://news.sky.com/story/1385011/os...mp-duty-reform [The Chancellor said he was abolishing the "slab rate" of stamp duty - which means huge increases in tax when house values enter a new band. In future, he said, the tax would apply progressively to the part of the property in each band, like income tax. The new rates will see house-buyers pay 0% on the first £125,000 then 2% on the portion up to £250,000, 5% up to £925,000, 10% up to £1.5m and 12% on anything above that.] [An extra £2billion-a-year to the 'frontline of the National Health Service' 4,000 jobless EU migrants deported if they have no prospect of work 'Teletubbie tax break' to encourage more children's TV to be made in UK] Read more: http://www.dailymail.co.uk/news/arti...#ixzz3KqLBfz2a Link for Kizzy http://www.theguardian.com/uk-news/2...ercent-deficit Last edited by arista; 03-12-2014 at 01:03 PM. |
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