When is Gordon Brown going to increase the stamp duty thresholds again?

lb125,000 - what can you buy near this since you own to settle up 1%? This should be close to lb200K shouldn't it? Prices own gone up so much since the second re-rating.
Surely nearby should be a lb1m+ stamp duty of utter, I don't know, 5%?

Answers:
Yeh but this country is within serious debt, the rule desires as much rates revenue as possible, nought is going to metamorphosis to lower anything, especially next to Gordon Brown surrounded by charge, the stealth charge king himself.
whenever Alistair Darling, the Chancellor of the Exchequer, decide to do so.
i give attention to he is more predictable to lower it. He is middle belt Scottish dated employees and what he really believes is that single bloated capitalist Tory pigs want to own their own house and the sooner we adjectives live contained by council houses the better.
As have be pointed out Gordon Brown will not transmute the stamp duty thresholds as he is no longer Chancellor.

The subsequent revision to the level will probably be made within the Budget speech subsequent March.

I'm not sure why you consider the threshold for the 1% rate should be as big as lb200,000. This rate is designed to back first time buyers and as such should be restricted to smaller properties. The average house price is presently around the lb200,000 indicate so by definition around partly the houses contained by the country will be worth smaller amount than this.

The 3% rate covers property up to lb500,000 so this could be considered the "standard rate". Larger properties are already charged at 5%.


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