UK has highest property taxes

The squeeze by the Government  on home owners is beginning to bite. while the former chancellor Gorge Osborne took to reform property taxes research has shown that changes have slowed the housing market and raised half as much money as predicted.

 

Stamp Duty

you pay nothing below £125000

you pay 2% on between £125000 – £250000

you pay 5% on the value of property above £250000- £325000

you pay 10%  on the value of the property above £325000- £750000

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