The government should slash stamp duty to help boost
housebuilding and encourage people to buy their own homes, a new report has
stated. Stamp duty is the second most unpopular UK levy behind inheritance tax,
and a gradual rise in rates has meant the average buyer in England pays £2,300
when they buy a property. Think tank the Centre for Policy Studies (CPS)
branded stamp duty a “tax on mobility and aspiration” and urged the government
to raise the threshold from £125,000 to £500,000. The report proposed that a
four per cent levy be charged on properties between £500,000 and £1m, and five
per cent on anything higher. Read more on the CITY AM website.
Country diary: The challenge of making a thatched roof pine-marten proof |
Tom Allan
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*Glenisla, Angus:* Damage by squirrels is common; the mustelid less so.
Still, as a local told me, ‘you cannae blame them wanting somewhere to live’
That...
1 day ago
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