STAMP DUTY - Changes Update

The government's temporary stamp duty exemption for homes priced under £175,000 expires on 31 December.

Stamp Duty will revert to becoming due on purchases over £125,000.

Therefore, from 01/01/2010 Stamp Duty is calculated as below:

· £125,001 to £250,000 = 1%

· £250,001 to £500,000 = 3%

· £500,001 and above = 4%






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