Stamp Duty hikes trigger 42 per cent slump in prime London property deals
Briefly

"They can only push things so far without having a detrimental impact on tax revenues." - Lucian Cook, highlighting the balance needed in tax policies to maintain revenue.
"In 2023-24, a UK resident purchasing a £10m main home would face charges of around £1.1m in duty, rising to £1.8m for an overseas buyer." This underscores the high costs impacting the market.
Read at Business Matters
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