Stamp duty
Language: English Series: Financial Times ; 18 March 1998, 10&25 ; 20 March 1998, 12 | RICS Press Release ; (pr31.corp) 17 March 1998 (4)Publication details: 1998Subject(s): Summary: The commercial property sector has condemned the rise in stamp duty on property sales over £500,000, announced in the Budget. The new rates will be: 2% where the price is more than £250,000 and 3% where the price exceeds £500,000. These rates apply to transfers on or after 24 March 1998. RICS response.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3411-70 (Browse shelf(Opens below)) | 1 | Available | 85043-1001 |
The commercial property sector has condemned the rise in stamp duty on property sales over £500,000, announced in the Budget. The new rates will be: 2% where the price is more than £250,000 and 3% where the price exceeds £500,000. These rates apply to transfers on or after 24 March 1998. RICS response.