By keeping the stamp duty cut, the Government's message is clear: the wealthy are our priority ✒️ FisherAndrew79 writes for ipaperviews
By keeping the stamp duty cut, the Government’s message is clear: the wealthy are our priority
The disastrous legacy of Liz Truss and Kwasi Kwarteng has been rapidly dismantled by now Chancellor Jeremy Hunt, and the new Prime Minister Rishi Sunak. While much of the economic agenda put forward under the mercifully short tenures of Truss and Kwarteng has since been reversed, the cut to stamp duty is going ahead – with
The Bill was originally scheduled to be bulldozed through all of its parliamentary stages in one day, but now it is moving at a slower pace – which holds out the hope that it might yet be abandoned. LabourStamp duty is the least of the obstacles for first-time buyers: it is a one-off charge that, before the mini-Budget, only applied to properties valued at £300,000 or more.
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