New Stamp Duty Rules Are a Taxing Responsibility for Home OwnersByline: By John Whitehead
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House price growth has been accelerating since last summer, and activity has picked up this year as buyers rushed to beat stamp duty increases. From April, first-time buyers in England and Northern Ireland started paying stamp duty on properties costing more than £300,000. They ...
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Morrissey noted that the sizeable stamp duty receipts had been “bolstered” by strong house price growth earlier in the year, but cautioned: “The uncertain market outlook means we could see receipts more muted over the coming months.”