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Property Tax?

Da11 · 2009-06-03 11:32:30

Hi Everyone, Does anybody know a link to an arcticle which explains property tax government wants to introduce? I mean is it gonna be backdated and what happens with stamp duty? What if i bought a property and paid stamp duty this year? Need some explanations... Thanks !

03-06-2009 11:32am

#1

Da11

Registered Users, Registered Users 2 Posts: 61 ✭✭

Join Date: June 2009

Posts: 30

Hi Everyone,

Does anybody know a link to an arcticle which explains property tax government wants to introduce? I mean is it gonna be backdated and what happens with stamp duty? What if i bought a property and paid stamp duty this year? Need some explanations... Thanks !

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Comments

#2 03-06-2009 12:43pm

ixoy

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Join Date: July 2003

Posts: 17266

There's no official word on property tax yet - it's only a "might" (read: will). The last I read, in the Sunday Times awhile back, is that there's a range of possibilities they're looking at from a flat rate for everyone for example (easiest) to one based on the value of the home (much more difficult with current price drops as well as a large increase in administrative overheads). We certainly won't know for a while longer.

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