Should sellers pay stamp duty on property sales?

Discussion in 'UK Property' started by Longterminvestor, Aug 19, 2019.

  1. Longterminvestor

    Longterminvestor Administrator

    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?
     
  2. diyhelp

    diyhelp Active Member

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

    FWL Member

    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?
     
  4. realdeals

    realdeals Active Member

    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.
     
  5. FWL

    FWL Member

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