Potential Stamp Duty cuts?


By Rebecca Kibby

No Stamp Duty payable for properties less than £500k if Boris gets in? No mention of what this means for investors but this sounds like it has the potential to stimulate the property market... 

Boris Johnson Plans To Stimulate Property Market By Cutting Stamp Duty During a recent husting in Bournemouth on Thursday evening, the potential future PM, Boris Johnson, outlined his plans for an emergency budget which would significantly cut stamp duty and reignite a stumbling property market. Boris Johnson told the group of Tory voters that the budget would overhaul the current stamp duty land tax (SDLT) thresholds by scrapping SDLT on properties worth less than £500,000.
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