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Axe stamp duty? How Andy Burnham could change property tax

Reform options include a land value tax, a flat annual levy and tighter capital gains rules, with two-thirds of households potentially paying less.

Summary by RocketNews
UK property taxation has become a focal point in policy discussions as Andy Burnham examines options for generating revenue to support social care system improvements and increased defense spending. The current property tax framework comprises council tax, stamp duty land tax, and capital gains tax, generating substantial government revenue compared to other OECD nations. Council tax, based on 1991 property valuations divided into bands, faces w…

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Yorkshire Post broke the news in Leeds, United Kingdom on Tuesday, August 18, 2026.
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