Proposed reforms could make stamp duty land tax a ‘seller’s tax’

Daily Telegraph, 23 January 2018: Conservative MP John Stevenson will make the case for reforms to transform stamp duty land tax into a ‘seller’s not a buyer’s tax, to kick-start the housing market and give a boost to first-time buyers.

Stevenson said the proposals would not lead to sellers simply bumping up the price of houses to cover the tax. A survey on the topic found 60% of renters said this would help them get on the housing ladder.

 

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