Thursday, June 19, 2008

Another hole in Darling’s pocket !

Housing downturn will leave Treasury short of £3bn in stamp duty

Stamp Duty has become a serious source of revenue for the Treasury, with more than six out of ten home buyers having to pay it. Last year the Treasury made £6.45bn out of the tax on residential property transactions.

Posted by rental john @ 06:46 PM (740 views)
Please complete the required fields.



4 thoughts on “Another hole in Darling’s pocket !

  • ha ha ha

    Reply
    Please complete the required fields.



  • It’s not Darling’s pocket, it’s ours!

    Reply
    Please complete the required fields.



  • Letsgetreadytotumble says:

    In the late 60’s when a typical semi was £2 500, stamp duty threshold was £60 000.
    In other words, it was a tax on the super rich.
    It should never have been allowed to effect the popular market.

    Reply
    Please complete the required fields.



  • it_is_going_with_a_bang says:

    My personal view is that it is money they should not have been collecting anyway.
    £3bn is just the start of it. Think of all the other money that gets spend during buying and selling. Think of all the other charges nearly all of which have a tax invloved

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>