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Brown to stamp on investors

By: Series: Estates Gazette ; (0207) 16 February 2002, 111(1)Publication details: 2002Subject(s): Summary: Discusses whether the chancellor of the exchequer will leave stamp duty as an 'optional tax' or introduce anti-avoidance legislation, preventing savings schemes, in the forthcoming Budget. It is thought that an increase in stamp duty rates could help calm the housing market, and raise revenue to pay for public services. Outlines ways in which property owners can limit their exposure to stamp duty on property transactions.

Discusses whether the chancellor of the exchequer will leave stamp duty as an 'optional tax' or introduce anti-avoidance legislation, preventing savings schemes, in the forthcoming Budget. It is thought that an increase in stamp duty rates could help calm the housing market, and raise revenue to pay for public services. Outlines ways in which property owners can limit their exposure to stamp duty on property transactions.