Stamp duty increase
Series: Independent ; 22 March 2000, 5(1)Publication details: 2000Subject(s): Summary: Stamp duty was raised from 2.5% to 3% on properties costing between £250,000 and £500,000 and from 3.5% to 4% on property costing more than £500,000. The commercial property market is likely to be most affected, as 85% of property is valued at more than £500,000.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3612-31 (Browse shelf(Opens below)) | 1 | Available | 104977-1001 |
Stamp duty was raised from 2.5% to 3% on properties costing between £250,000 and £500,000 and from 3.5% to 4% on property costing more than £500,000. The commercial property market is likely to be most affected, as 85% of property is valued at more than £500,000.