Stamp Duty

As a postscript to my previous blog regarding changes to Stamp Duty, HMRC’s recent tax figures for May 2013 indicate a measure of recovery in the residential property sector with clear growth in Stamp Duty Land Tax receipts.  This figure ties in with the CML statistics of 17% growth in lending.

These figures certainly accord with the Blackadders’ property team figures which are currently coming in well above target and well above last year.  I will continue to report on trends.

Lindsay Darroch
Partner & Head of Property

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