Reeves considera la sostituzione dell’imposta di bollo con una nuova imposta sulla proprietà | Tassare
https://www.theguardian.com/money/2025/aug/18/rachel-reeves-stamp-duty-property-tax-council-tax
di Adventure-Bench
Reeves considera la sostituzione dell’imposta di bollo con una nuova imposta sulla proprietà | Tassare
https://www.theguardian.com/money/2025/aug/18/rachel-reeves-stamp-duty-property-tax-council-tax
di Adventure-Bench
30 commenti
I’m sure those who just paid tens of thousands in stamp duty would be happy to pay more now. And it would definitely not cause a massive impact on mortgage affordability for existing owners.
The only way to do it is to taper this for newly purchased properties over a decade or so whilst writing off stamp duty payments against future property tax liabilities until the balance is effectively settled.
Reverse stamp duty on sale of homes is also colossally stupid, it could literally create situations in which people cannot sell a home they cannot afford because they won’t be able to cover the mortgage balance and there is no way to do voluntary foreclosure in the UK.
If you want to tax property sale you should only be taxing capital gains not the sale value.
Fucking led by donkeys.
This is a good idea. Particularly replacing council tax with a local property tax.
I also think a tax on sale of property isn’t the worst thing but it probably would be better if it was simply a part of an annual property tax with stamp duty entirely removed.
Stamp duty disincentivises downsizing and freeing up larger properties for families.
I can see how the banding rates need to be looked at but the principal of 1991 prices are surely congruent and relative and therefore still valid??
I’d put money on it not replacing stamp duty but being additional to stamp duty. Get you when buy and once again when you sell.
Why have an arbitrary cut off of £500,000? Basically just shafts people living in London.
The incidence of a tax does not affect anything so a new tax on home sales would do the exact same thing as stamp duty already does.
This government is just trying to lose as many votes as possible with slapping extra taxes everywhere.
The best way to tax property is a land value tax. It is the most efficient form of tax possible, it is inherently progressive, it can’t be dodged and it’s non-distortionary so it won’t penalise people for building or improving their homes.
Replacing stamp duty, council tax and business rates with an LVT would turbo charge the economy and be far fairer at the same time
I don’t believe anything the say anymore anyway.
I await the U-turn
Ohh good – spent a decade working and saving for a deposit for a family home. Contending with a big mortgage, now time to be further punished by Labour.
There is a big difference between those with Mortgages trying to put a roof over their families heads and those who won the housing “lottery” and brought a house in 1950s for £20k now worth £800k.
CGT on primary residences would be much, MUCH fairer.
Can’t wait to pay stamp duty in September and it be scrapped next year
A tax on sale will put people off downsizing. An annual tax would be better but really unpopular in London.
“plus a radical overhaul of council tax”, is that politicians speak for – everyone will pay more?
Terrible idea, taxes are already way too high, just cut spending if you can’t afford them
Their great idea is to just change it so you pay “stamp duty” when you sell instead of buy. This will achieve nothing. We need to get rid of stamp duty all-together and replace it with an annual property tax.
> The national tax would be paid by owner-occupiers on houses worth more than £500,000 when they sell their home. The amount paid would be determined by the value of the property, with the rate set by central government, which would directly collect the proceeds via HMRC.
Because having the highest taxes in the world isn’t enough
unfortunately we can’t have all the benefits of supporting the world’s economic migrants without a tax rise
I had a lot of faith in her to begin with, but increasingly I’m of the view that if RR thinks it’s a good idea, it almost certainly isn’t.
Tax, tax, tax (as long as it isn’t me). The simple answer is that Labour have fucked themselves making promises they can’t keep. There is no free lunch or easy solution. So either raise income taxes on all or start cutting and doing less. That is the choice. Anything else is just noise.
Initially, I felt enthusiastic about this, but then I realised it’s misguided and potentially harmful.
The reason for my initial excitement is that stamp duty is a terrible tax that penalizes social mobility. If you live in London and get a job in Manchester, you might need to pay around £10k just to move. Want to downsize because your children have grown up? That could cost you between £10kand £20k easily. Looking to climb the property ladder? Don’t forget about the hefty tax bill to the Treasury. It’s quite illogical given we want to incentify people to move to places where they can find better job, have a bigger house when they are raising kids and downsize when they are alone.
The proposed tax change addresses none of these issues. While it eliminates stamp duty for properties at the lower end of the market – where it was already minimal- it actually harms those who want to relocate or downsize. It is specifically harmful to London and Londoners as pretty much every house here is above 500k… people already pay premium to live in London, they just make it worse. London Z1-5 would die eventually.
Instead of these misguided measures, we should introduce an annual property value-based tax that would cumulatively equal the amount of stamp duty paid over 20 to 25 years. Based on my rough calculations, this approach could maintain current stamp duty revenues for the treasury. Local councils could add their own rates on top of this, effectively replacing council tax.
This system would generate enough income for the treasury and local councils without punishing social mobility, and the average person wouldn’t even notice the difference. The only individuals who might feel disadvantaged are those who bought their homes in their 20s and chose to stay there for life. Yes, they would end up paying more than they would have under the current stamp duty system, but that seems fair in the context of creating a better overall system.
So lots of problems here.
1 Council tax is based on the social demands in the council area you are in. I pay 3x in Bridgend what someone in Windsor pays for a similar house due to there being higher local demand on council services. I would expect that if they make this a similar per council tax people will be very unhappy that the explicit price of their house is being treated diferently
2 Pensioners and those winding down will be impacted heavily. Little old Mavis that bought her council house in central london in 1953 now has to find £3k a month to pay to continue living there
3 At no point ever has a government replaced a tax with a lower tax, this would be used as an opportunity to crank tax up on everyone as they always do
My home has not changed in value since I bought it.
If I sell it, why would I pay a tax? A tax on what? There is no new money, what will I pay it out of?
The entire issue with stamp duty is that it means that if you move from 56 Fake Street to 58 Fake Street (identical homes) you lose money arbitrarily. Whether it’s charged on sale or purchase is immaterial, it’s a bad concept.
Can we just get the financial crash over with and get house prices back to a reasonable amount? It’s going to happen so let’s just get it over with before the crash is even larger and the effects are worse…
Yet another ploy for Rachel from Accounts to make it impossible for farmers/land owners to survive. Yet another land grab – rich pickings for her pals at the WEF and Blackrock to own most of the UK.
I would support this. Annual property tax makes more sense than stamp duty. Encourages downsizing for one thing.
Screw us more tax. Why does tax equal more taxes or new made up taxes for taxes and then it’s our fault taxes don’t work or not enough,then less money from our taxes for our services? Westminster here,you plebs need new made up taxes or a new tax, thanks Westminster .
OH FOR FUCKS SAKE…. Another tax… I guess I am not a working person…. oh wait what’s that, it’s my job… they need me in the office… But but but but…
I already paid 40k fucking stamp duty and now I have to pay to sell as well? JFC.
Labour will just keep taking and taking. They’re leeches. Why people voted for them I have no idea
I think the most appropriate option is a sliding scale property tax based on the value of the home logarithmically.
Tax = Average x V ^(1/2)
Where V is the multiple of your house value vs the average in the country.
So let’s say the average across the whole country is £2,400 per year (£200 per month) – and average house price of £300k.
If you have a house valued at £300k you pay the average amount.
If you have 2x average you would pay 40% more
If you have 4x average you pay 100% more.
Also if you have a house worth 1/2 of the average then you get a roughly 30% discount.
So it scales up, but not linearly.
Could have an impact on people’s inheritance if they sell the family house and also the London and south housing market. Makes some room north as we’re all moving up