Petition Stamp Duty Pro-Rata

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Change payment of Stamp Duty on Property purchase to be Pro-Rata (or on a sliding scale)

Change payment of Stamp Duty on property purchase to be on a sliding scale in the same way income tax is payed, the current arrangement puts a unfairly large jump on people looking to move from a first time buy to a family home.

In other words pay 1% between £125k - £250k and then 3% on the amount between £250k and £500k and 4% above £500k.
This would help to avoid distorting the market in borderline cases and make sales more fluid.

This petition is closed This petition ran for 6 months

54 signatures

Progress of the petition towards its next target: 54 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 9 January 2015
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