Proposals to restructure stamp duty after government take increases 10 fold

Four in a row IIA report conducted by the campaign group, Homeowners Alliance, has discovered stamp duty has risen by almost 10 times since the mid 90’s. Since 1995, average stamp duty fees have risen from £532 to almost £6,000; this is seven times the rate of inflation and five times the rate of house price rises. Stamp duty is paid by homebuyers, purchasing property worth over £125,000 and has become a major source of revenue for the Treasury. The group ...