Accrington Web - View Single Post

vorlon24 · 17-03-2005, 14:50

What do you think of the changes to the Stamp Duty in this year's budget?

Do you think it went far enough, or do you think they should have been a bit more radical with the change.

For example, paying tax on the difference between the zero rate limit and the actual purchase price (or the higher amount on the difference again).

I was listening to Radio2 yesterday afternoon (I must be getting old!) when a chap came on saying that it was a silly tax etc etc.

I don't agree with abolishing it completely, but I think it should be made more user friendly.

Just think: at the moment if someone buys a house for £250,000, they will pay £2,500 in Stamp Duty.

If the price is £250,001 they would pay £7,500.03, a difference of £5,000.

Is that fair?

17-03-2005, 14:50	#1
vorlon24 Senior Member+ Join Date: Nov 2004 Location: Tunbridge Wells Posts: 1,585 Liked: 0 times Rep Power: 44	Stamp Duty What do you think of the changes to the Stamp Duty in this year's budget? Do you think it went far enough, or do you think they should have been a bit more radical with the change. For example, paying tax on the difference between the zero rate limit and the actual purchase price (or the higher amount on the difference again). I was listening to Radio2 yesterday afternoon (I must be getting old!) when a chap came on saying that it was a silly tax etc etc. I don't agree with abolishing it completely, but I think it should be made more user friendly. Just think: at the moment if someone buys a house for £250,000, they will pay £2,500 in Stamp Duty. If the price is £250,001 they would pay £7,500.03, a difference of £5,000. Is that fair? __________________ "The Hour of Scampering is usually around teatime, according to the Vorlon/Human Translation Dictionary."