Cut stamp duty to reap £4bn windfall, Healey urged
4 Articles
4 Articles
John Healey urged to cap stamp duty at one per cent to reap £4billion windfall
John Healey urged to cap stamp duty at one per cent to reap £4billion windfall . Chancellor John Healey is facing pressure from one of Britain's largest housebuilders to slash stamp duty on newly built properties ahead of next month's Budget
Cut stamp duty to reap £4bn windfall, Healey urged
One of Britain’s biggest housebuilders has urged John Healey to slash stamp duty on newly built homes, in a move which it says would hand the Treasury a £4.2bn windfall. In its Budget submission, London-listed Berkeley Group told the Chancellor that urgent action was needed to prevent the housing market from “sliding over an economic [...]
Conservative shadow minister proposes stamp duty abolition
Shadow Housing Secretary Katie Lam has outlined proposals to abolish Stamp Duty and scrap the Future Homes Standard, alongside plans to reduce new-build housing costs by up to £50,000. The measures were announced at the Conservative Party annual conference.
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