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pendy · 18-03-2005, 13:10

Agree that Stamp Duty is a ludicrous tax, but what about the new Government proposal to slap a 40% tax on any profit you make on selling your house? I know we buy houses to live in, not just as an investment, but how is anyone going to trade up on that basis? I suppose Gordon Brown has to get the money for his friendly budget from somewhere - just wait, if they get in again ......

18-03-2005, 13:10	#6
pendy Resting in peace Join Date: Aug 2004 Location: London/Oswaldtwistle Posts: 1,123 Liked: 0 times Rep Power: 910	Re: Stamp Duty Agree that Stamp Duty is a ludicrous tax, but what about the new Government proposal to slap a 40% tax on any profit you make on selling your house? I know we buy houses to live in, not just as an investment, but how is anyone going to trade up on that basis? I suppose Gordon Brown has to get the money for his friendly budget from somewhere - just wait, if they get in again ......