Housing and Planning

The cut to stamp duty is welcome, but why isn’t it permanent?


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FT Adviser reports that mortgage advisers are calling for the stamp duty holiday to be made permanent, amid predictions of a drop in activity when the policy ends.

Previous comment from IEA Academic and  Research Director Professor Syed Kamall was included in the write-up: “The cut to stamp duty is welcome but why isn’t it permanent? It is a destructive, regressive tax that clogs up the housing market and limits labour mobility.”

Read the full article here.



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