Major overhaul of stamp duty


http://www.telegraph.co.uk/finance/autumn-statement/11268807/Autumn-Statement-Stamp-duty-how-will-it-affect-me.html

The Chancellor has announced sweeping reform to Stamp Duty Land Tax (SDLT), disgarding the “badly designed” slab tax, and delivering savings for 98pc of home buyers.

The chancellor said that from midnight, the current system, where the amount owed jumps at each threshold level, would be replaced by a graduated rate, working in a similar way to income tax

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