£12,000,000 – 6 bedroom terraced house for sale Chester Square, London
In today’s budget, Chancellor Alistair Darling raised the stamp duty threshold to £250,000 for first time buyers for this year and the next, which was widely predicted / leaked, but what was less predictable was that this ‘election giveaway’ will be funded by an increase from 4% to 5% on properties worth more that £1m.
Taxing the rich makes a good headline, but it won’t raise much money for the government’s fiscal black...
Read Full Story