Treasury’s stamp duty bonanza

Feb. 4, 2005
The Treasury’s take from the housing market is set to grow by 13% this year. Stamp Duty will be by far the biggest earner, netting the government an estimated £4.3 billion this tax year - nine times as much as a decade ago. Campaigners have jumped on the figures to renew their demands for the Treasury to ease Stamp Duty, particularly for first time buyers. However, treasury officials are not commenting on whether they are going to review the levy.

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