Stamp duty
Stamp duty
- 1998
- Financial Times 18 March 1998, 10&25 ; 20 March 1998, 12 RICS Press Release (pr31.corp) 17 March 1998 (4) .
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.
BUDGET 1998
PROPERTY SALES
PROPERTY TRANSACTIONS
RICS
STAMP DUTY
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.
BUDGET 1998
PROPERTY SALES
PROPERTY TRANSACTIONS
RICS
STAMP DUTY