UK Government
MP’s are urging the Chancellor to replace stamp duty and council tax with new property tax
Chancellor Rishi Sunak is under pressure from MP’s to end stamp duty and council tax. Under the proposal, homeowners would no longer pay council tax and stamp duty would be abolished for primary residences. The proposal is expected to benefit 19 million households. Instead of paying council tax, households would pay a proportional property tax
3 February 2021