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Old 02-22-2008, 05:04 AM
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Post Homeburyers pay £6.5bn in stamp duty

The high level of stamp-duty paid by homebuyers may be contribution to the property slowdown.The tax has raised £31.5 billion over the past ten years but last year’s contribution to the Treasury topped £6.5 billion, a 675% increase on 1998.Between 1997/98, just £830 million in stamp duty was paid, at a time when the tax [...]

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