December, 2014

Stamp Duty Changes

December 16, 2014. No comments.

Earlier this month the Government introduced changes to the Stamp Duty tax on homes. The new rates mean that all homes under a purchase price of £937,000 benefit from a reduced Stamp Duty Tax. The greatest advantage will be for those who were previously caught in the 3% bracket. The average price of a family home in the UK falls in this category, £275,000. Under the new rates, a home [read on]