George Osborne
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Autumn Statement: Osborne reveals stamp duty reforms

George Osborne has said stamp duty will be cut for 98% of homebuyers in his Autumn Statement to the Commons.

The Chancellor said that from midnight, the current system, where the amount owed jumps at each threshold level, would be replaced by a graduated rate, working in a similar way to income tax.

Iain Watson reports.

  • 03 Dec 2014
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