what is


Question by  Rae15 (2)

What does it mean if there is no stamp duty?


Answer by  retiredandhappy (64)

In the UK properties sold for £125000 or more are subject to this tax, except for first time buyers who currently do not pay tax on properties valued at less than £250000. This keeps down the cost of property purchase and is intended to help stimulate the property market.


Answer by  Dea (73)

Based on rules, the purchase of some items is submitted to stamp duty (i.e. stock exchange purchases), no stamps duty means that you do not owe it.

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