I just bought another house and am selling the house im in. I was calculating the costs involved, roughly £5300 of which the government take £2450. The biggest outlay is this Stamp duty WTF is that for, what benefit do i get from paying that. rant over for now.
Stamp duty is just another tax.
The benefit you get is the same as any other tax, the govt has to have money to spend (wisely or stupidly), the only place it gets it is from taxes -
no schools, hospitals, traffic police, army, airforce, navy, parking wardens or civil service if there wasn't any tax...
Not that I enjoyed handing the cash over 
should i be entitled to a discount if i dont need schools or traffic wardens then. 
Don't think it works quite like that
Do you pay stamp duty on your main residence if you sell it?
quote:
Originally posted by Peteff
Do you pay stamp duty on your main residence if you sell it?
quote:
Originally posted by iank
Don't think it works quite like that
quote:
Originally posted by Peteff
Do you pay stamp duty on your main residence if you sell it?
Likewise £2175 stamp duty to be paid st the end of this month.
First time buyer here and its going to break me for ever!
Locost going to turn into SLOWcost i think 
Wish I had the money to be able to afford a house that qualified for stamp duty!
National Insurance is the worst. I have a private pension and Bupa so why should I still pay it!!!
Wish I could simply afford a house... stamp or no stamp.
quote:
Originally posted by JamJah
Wish I could simply afford a house... stamp or no stamp.