Call for stamp duty on property purchases in UK to be abolished

A new report calls on the government to undertake real reform to tackle the housing shortage in the UK and in particular to abolish the stamp duty payable on home purchases. According to the TaxPayers' Alliance successive governments have avoided meaningful reform, instead focusing on tinkering around the edges which has only served to worsen the situation and drive up prices. It says that recent tax changes will drive up rents and the recently implemented 3% stamp duty additional homes surcharg...