Quote:
Originally Posted by Jaymoss
Has his plans to possibly scrap council tax and stamp duty in favour of a tax on property or land @ 0.48% of value.
I do not see how this works for anyone. Stamp duty lost has to be made up so renters who do not own will have to be paying towards the loss and buyers who have already paid stamp duty will essentially be paying it again over and over
https://www.express.co.uk/news/polit...tax-new-charge
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Most people will pay less overall. Renters won't be liable to pay anything, it will be the landlords responsibility, so I assume it will be like the General Rates was and will be included/reflected in the rent.