Wednesday, 23 November 2016 2:54 pmHowever, after the Tory party conference at the beginning of Autumn corporate financiers got in touch to let me know Philip Hammond had decided against making changes to stamp duty. Here is a link to that piece:
Tuesday, 15 November 2016 5:26 pmI see my former employer, The Daily Telegraph, has picked up on a theme little old Betaville has been writing about for the last month or so. Today, the venerable newspaper splashed the main book on a campaigning piece - dubbed 'Stamp duty' - advocating major changes to the tax (for readers outside of the UK you have to pay stamp duty when you purchase a property).
Wednesday, 02 November 2016 6:24 pmWell, if Philip Hammond, Chancellor of the Exchequer, does bring about major changes to stamp duty ( here is the link to my previous story - https://www.www.betaville.co.uk/news/rare-alert-hm-treasury-said-to-be-weighing-major-changes-to-property-tax-may-even-abolish-stamp-duty/) it won't just be London-listed housesbuilders that will be affected. As you can imagine, several loyal readers own multi-million pound houses in London, the United Kingdom, that have seen their values go down recently because of the stamp duty increases brought about by the David Cameron and George Osborne a couple of years ago.
Thursday, 15 September 2016 6:38 pmNow, what I have been told is that Philip Hammond and his HM Treasury team have begun looking at making major changes to current stamp duty regime, especially for multi-million pound properties, with a view to making an announcement in time for the new Chancellor of the Exchequer's Autumn statement in late November.