Additional 3% rate raises more than £2bn
Posted by mostafa on 6 February, 2018
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This item was filled under Tax
The additional 3% stamp duty land tax charge aimed at people buying second homes or buy-to-let properties raised £2.05bn in 2017, according to the government’s quarterly stamp duty statistics.
However, many ordinary homeowners who encounter delays selling their old homes, have found themselves liable for the extra 3% SDLT. This happens when the property cannot be sold before the new one …