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Government plans to scrap stamp duty

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  • Government plans to scrap stamp duty

    In an effort to kick-start the property market, Chancellor Alistair Darling has confirmed he is considering a possible suspension of stamp duty on house purchases as he warned of difficult times due to the credit crunch.Family budgets have been under severe pressure following rising mortgage payments, a rise in food and fuel costs and falling [...]

    More: Government plans to scrap stamp duty

  • #2
    That would certainly be a step in the right direction - though it's hard to see the government trying to cut tax revenues in any area where they are looking to raise revenues overall!

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