Reforming Stamp Duty


This report from the UK think tank Onward looks at new ideas to promote home ownership.

This report argues that the new Prime Minister should help more than three quarters of a million people move up the property ladder by abolishing Stamp Duty on all but the most expensive tenth of homes. In a paper for Onward, Chris Philp MP and Guy Miscampbell set out proposals to take homes worth £500,000 or less out of Stamp Duty Land Tax altogether, removing Stamp Duty entirely from 770,000 primary house purchases a year.

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