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News - September 2008

Stamp Duty Threshold Raised in a Bid to Help Buyers

September 2008

Sutton Coldfield-based business advisors and accountants Weatherer Bailey Bragg LLP are informing individuals that the government has announced a package of measures to help boost a struggling property market, including raising the stamp duty land tax threshold by £50,000. Brought in for a twelve month period from 3rd September 2008 to 3rd September 2009, a home must now sell for £175,000 before stamp duty is paid.

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