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How often are stamp duty thresholds reviewed?
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03-11-2009, 13:30
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mosaic
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Join Date: Jul 2008
Total Posts: 83
Does anybody know, roughly? Thanks.
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03-11-2009, 18:53
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andyofborg
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Join Date: Mar 2007
Total Posts: 1,262
whenever the chancellor wants too
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18-11-2009, 16:40
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topflat29
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Join Date: Nov 2007
Total Posts: 61
Its changing from 175K to 150K at end of year- I think.
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19-11-2009, 13:25
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Dave_H
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Join Date: May 2008
Location: Sheffield
Total Posts: 52
Threshholds were raised by the government as part of their attempt to stabilise the housing market.
As posted above, they are due to return to their original (lower) levels soon.
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19-11-2009, 13:35
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dongle
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Join Date: Aug 2005
Total Posts: 1,074
make sur that the area your buying in isnt stamp duty exempt,its not widely known that there are areas duty exempt upto a certain level
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19-11-2009, 13:36
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HeadingNorth
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Join Date: Apr 2009
Total Posts: 3,203
There is no fixed period after which they get reviewed, they just change whenever the Chancellor of the day decides they should change. I believe, prior to them being raised to £150,000, they had not changed in well over a decade.
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