Brown introduces a stamp duty holiday
So Brown has introduced a stamp duty holiday as part of his rescue package for home owners and buyers. From tomorrow until 3 September 2009, properties costing less than £175,000 will be exempt from the levy. Oddly – even though plans for a stamp duty holiday emerged a few weeks ago – it’s still a surprising announcement. Since that initial leak, the government has kept a tight lid on the proposal, and – right up until this morning – it was widely assumed that it had been ditched. There’s evidence to suggest it could prove popular with a public which is increasingly feeling the fiscal squeeze. But I’m still not
