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This petition was submitted during the 2010 to 2015 Parliament

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Closed petition Change payment of Stamp Duty on Property purchase to be on a sliding scale

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Change payment of Stamp Duty on property purchase to be on a sliding scale in the same way income tax is payed, rather than the stepped changes in force at the moment. 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.

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    This petition will stay open until 5 August 2012.