Article preview: Does it matter if the buyer or seller pays stamp duty as part of a property transaction? That was the question raised over the weekend, following speculation that newly appointed Chancellor Sajid Javid was considering a significant shake-up of the property tax. He has since, using the ever-popular medium of Twitter, confirmed he has no such plans to shift the stamp duty burden to sellers.
No plans to shift stamp duty burden
This 582-word blog post reviews recent speculation that the burden of stamp duty could be moved from buyer to seller, with Chancellor Sajid Javid denying the speculation. It also explains the current rates of stamp duty in England and Northern Ireland, Scotland, and Wales. Written on 19th August 2019.
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