The Independent covers a range of major issues, deploying reporters on the ground and producing documentaries such as 'The A Word' that highlight American women fighting for reproductive rights. The outlet solicits donations to fund reporting, maintains free access without paywalls, and relies on reader support. For years economists and policymakers have criticized council tax and stamp duty as flawed. The UK government is reportedly considering making stamp duty payable only on properties sold for more than 500,000 and shifting liability to sellers. Due to higher house prices, the policy would disproportionately affect people in London and the south‑east. Exemptions and phased changes have increased cyclical fluctuations in housing markets.
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Politicians from all corners, as well as various thinktanks, also seem to agree. Back in 1976, the UK even had a royal commission recommending radical reform, but it was never implemented. But now the UK government is said to be considering a change to stamp duty so that it is only paid on houses selling for more than 500,000. This could be big news, especially since it would be paid by sellers rather than buyers as at present.
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