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Stamp Duty Changes 2017

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Tue 19 Dec 2017

Stamp Duty Changes 2017

Stamp Duty Changes November 2017

Stamp duty will be abolished immediately for first-time buyers buying a home of up to £300,000, Chancellor Philip Hammond has said.

For properties costing up to £500,000, no stamp duty will be paid on the first £300,000.

Mr Hammond said this meant 95% of first-time buyers would see stamp duty cut, while 80% would pay none at all.

The change will apply in England and Northern Ireland, and in Wales up until the end of March, but not in Scotland.

(01/11/17)

find out more here: https://www.bbc.co.uk/news/business-42079174