Stamp Calculator Provides Crucial Information about Possible Changes in the Stamp Duty Tax


Posted November 22, 2017 by Lucas_Badham

UK Chancellor, Philip Hammond, has been urged to scrap Stamp Duty Land tax in the approaching UK Budget plan. Abolishing Stamp Duty tax would probably help solve the housing crisis and provide a 10 billion pounds boost to the UK economy.
 
[SALE, 22/11/2017] - Neoliberal groups in the UK state that the Stamp Duty tax is keeping people in households that are too big for their needs. Rather than imposing a 3% Stamp Duty surcharge, neoliberal groups in the UK think that Hammond should increase Council Tax on the most expensive homes in the UK.

Details about Stamp Duty Tax

In 2016, Stamp Duty tax raised £11.7 billion, compared to the £10.7 billion recorded Stamp Duty tax in 2015.

An award-winning UK tax practice proposes to Hammond to make the tax more attractive for landlords to increase their property sales. The government is taxing landlords and property investors through the “wear and tear” allowance, mortgage tax relief and a 3% Stamp Duty surcharge. Overall, the government has not made it easy for landlords and property investors to downsize their portfolio without incurring massive tax penalties.

How Stamp Calculator Can Help

Stamp Calculator helps landlords and other people interested in buying property to not incur large tax penalties by providing information about Stamp Duty tax when buying a property. The company also provides the latest information as the rates of Stamp Duty change with every budget plan or changes in government policy.

At Stamp Calculator, landlords and property investors can be kept well-informed about all aspects of paying tax when buying, upsizing or downsizing their property. Since some changes in tax are not implemented until after twelve months, it is important to keep updated with any developments that have happened or will happen by contacting Stamp Calculator.

About Stamp Calculator

Stamp Calculator helps first-time buyers, full-time property investors and people who are moving to a new home become aware of the cost of moving and the inevitable changes in Stamp Duty Tax. The company is experienced in all aspects of property sale in the UK. They help with the transaction process by offering a user-friendly Stamp Duty Calculator that provides information about buying a property. To know more about Stamp Duty Tax and the company’s online calculator, fill out their contact form or visit https://stampcalculator.co.uk/.
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Contact Email [email protected]
Issued By Lucas Badham
Website Stamp Calculator
Country United Kingdom
Categories Business
Tags tax , calulator , uk
Last Updated November 22, 2017