Property Week is calling on chancellor Philip Hammond to reverse damaging reforms to stamp duty land tax - find out how you can get involved
Leading opinions on stamp duty
In my opinion, the stamp duty increases made by George Osborne were largely politically motivated and one suspects that the present government is concerned that in reducing stamp duty, particularly for the more expensive properties, they will be criticised for helping their rich friends.
I am delighted that Property Week has launched its Call Off Duty campaign. Recent changes to stamp duty land tax (SDLT) on both the residential and commercial fronts have affected investor confidence and the ability of our industry to play its part in housing our country’s people and businesses
Property Week’s Call Off Duty campaign to convince the government to revisit George Osborne’s damaging changes to stamp duty has got off to a flying start, with key figures in the industry pledging their support.
So the chancellor has delivered the last ever Autumn Statement and the first indication of the new government’s fiscal priorities.
When Philip Hammond failed to mention stamp duty in last week’s Autumn Statement, there were sighs of disappointment all round.
It’s good to see Property Week organising its Call Off Duty campaign to get chancellor Philip Hammond to understand just how destructive George Osborne’s changes to stamp duty land tax (SDLT) have been.