Rat and Mouse
Tue
03
Mar
When they stamped out Stamp Duty

The Centre for Policy Studies has looked at how the Government treated Stamp Duty during the 1991 recession.

In the early 1990s, the CPS points out, Stamp Duty thresholds were increased eightfold, which meant that 99 per cent of the country was exempt from the tax. A comparable rise today would see the threshold raised to £1 million.

That's compared to a current £175,000 threshold... a so-called radical move designed to kick-start the property market.

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