RICS response to stamp duty modernisation
RICS response to stamp duty modernisation
- 2002
- CSM (Chartered Surveyor Monthly) July & August 2002, 4 Westminster News 22 July 2002, RICS Press Release (pr096) 24 July 2002, .
RICS has responded to the Inland Revenue's consultation on modernising stamp duty by calling on government to debate replacing the 'slab' system with a more progressive tax scale. Government should also consider separating residential and commercial stamp duty and raising the threshold to better reflect current property prices. Members are encouraged to consider the proposals found at http://www.inlandrevenue.gov.uk/consult_new/mod_stamp_duty.pdf. The RICS letter can be viewed at http://www.rics.org/ricscms/bin/show?class=Policy&template=/includes/showpolicy.html&id=690.
STAMP DUTY
CONSULTATION
GOVERNMENT POLICY
RICS has responded to the Inland Revenue's consultation on modernising stamp duty by calling on government to debate replacing the 'slab' system with a more progressive tax scale. Government should also consider separating residential and commercial stamp duty and raising the threshold to better reflect current property prices. Members are encouraged to consider the proposals found at http://www.inlandrevenue.gov.uk/consult_new/mod_stamp_duty.pdf. The RICS letter can be viewed at http://www.rics.org/ricscms/bin/show?class=Policy&template=/includes/showpolicy.html&id=690.
STAMP DUTY
CONSULTATION
GOVERNMENT POLICY