~RS~q~RS~~RS~z~RS~20~RS~)
Stamp duty loophole 'to be closed' in Budget
George Osborne has promised he will use this week's budget to come down hard on people using tricks to avoid paying stamp duty.
Stamp duty starts at 1% of a property's value for homes costing more than £125,000 and rises to 5% for homes costing more than £1m.
But many wealthy people buy and sell their properties through offshore companies in order to avoid it, adding up to millions of pounds lost to the UK every year.
Joe Lynam reports.
Read More
Most watched/listened
-
Cellar opened to reveal 'apocalypse'
-
Huge tornado hits Oklahoma City
-
How the Oklahoma tornado was formed
-
'Complete devastation' after Tornado
-
'I was pretty lucky I suppose'
-
'School roof ripped off by tornado'
-
Why they call it 'Tornado Alley'
-
Ray Manzarek 'a stellar musician'
-
BBC crew finds collapsed bowling alley
-
Pitbull 'turned into a giant frog'
-
92 year old strongman wows crowds
-
'We thought we were dead'
-
The future Ethiopia only dreamed of
-
Storm chaser captures Texas tornado
-
Huge tornado rips through Oklahoma
