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% |