Chancellor cuts stamp duty

Sept. 23, 2022
The chancellor Kwasi Kwarteng has announced a “permanent cut” to stamp duty as part of measures in the government’s mini-Budget announced this morning (September 23). To “support growth and help families”, the chancellor announced a raise of the threshold for stamp duty payments on properties from £125,000 to £250,000. The threshold of first time buyer payments on stamp duty has …

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