UK stamp duty revenues suffer as Osborne throttles the golden goose
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Cutting Stamp Duty ‘could boost transactions by 40% and tax revenues by £9.8bn’
According to buying agency Ludgrove's workings, a 36% reduction in Stamp Duty rates across the board would likely lead to 40% additional transactions in England per annum, in turn generating an extra £1.
Prime London sales generating lower stamp duty revenues post-reform
If the government were looking to boost Treasury coffers from the change to stamp duty, it looks as if they'll be sorely mistaken.
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George Osborne is "burying his head in the sand" by ignoring industry calls to review last year’s changes to Stamp Duty and will "likely be in for a shock" when 2015's final receipts are added up, Chestertons…
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