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98% of people will pay less Stamp Duty under new rules .... Now is the time to move!

Under new Stamp Duty legislation 98% of buyers will pay less.


For example -


Example purchase price   Tax paid old rate     Tax paid new rate     Saving


£185,000                                   £1,850                      £1,200                         £650


New rates


Purchase Price of Property         New rates


£0 - £125,000                                 0%


£125,001 -£250,000                        2%


£250,001 - £925,000                       5%


£925,001 - £1,500,000                    10%


£1,500,001 and over                        12%


 


Please click on the link below to the Government guide to Stamp Duty


https://www.gov.uk/stamp-duty-land-tax-rates


Stamp Duty calculator:


https://www.gov.uk/stamp-duty-land-tax-calculators

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