Should sellers pay stamp duty on property sales?

[Longterminvestor]

The Chancellor of the Exchequer has opened very interesting can of worms. He is said to be contemplating a switch which would see sellers paying stamp duty on property sales. Is this a good move?

 

[diyhelp]

Maybe take a step back and consider why we think it is the norm to pay stamp duty at all?

 

[FWL]

In every investment market it is the buyer who pays the stamp duty. Should we not be asking ourselves why we pay stamp duty rather than just taking it as gospel that we should be?

 

[realdeals]

I think the system does needs shaken up but are we not missing the point here - the government needs to reduce stamp duty instead of using it like a cash cow in times of trouble.

 

[FWL]

The way things are going it will be a long time until the focus moves back onto "normal" policies!