Rachel Reeves hikes stamp duty – but chancellor warned renters will pay price …C0NTINUE READING HERE >>>
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Rachel Reeves has been warned her decision to hike stamp duty for second home-buyers will punish renters as well as landlords.
At Wednesday’s Budget the chancellor announced that second-home buyers will face an increase of 2 percentage points to the stamp duty land tax (SDLT) surcharge, taking the additional tax to 5 per cent.
The surcharge is paid on top of standard…
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