Saturday, Jun 08, 2013

Scrap stamp duty in favour of land tax

Financial Times: Drop Help to Buy and fix the real problems

Call to reform Britain’s ossified planning system, and encourage more conversion of unused retail property (of which there’s going to be plenty the years ahead) to residential use. The other is to abolish stamp duty – which everyone seems to agree is a terrible tax – and replace it with either a land tax or a levy on property profits.

Posted by stuartking @ 10:50 AM (1327 views)
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1. mark wadsworth said...

Half agreed - LVT is the way to go, there'll be too much mucking about and unintended consequences with a special tax on "property profits" whatever they are.

Saturday, June 8, 2013 01:59PM Report Comment

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