Treasury anger at Darling’s silence on stamp duty

Treasury anger at Darling’s silence on stamp duty

Darling’s silence on lifting stamp duty has angered Treasury officials who have to deal with the issue

Chancellor Alistair Darling has rejected a third request for a meeting with
estate agents over proposals to lift stamp duty, refusing to be pushed on the
issue.

Whitehall sources have told The Times there was increasing anger
within the Treasury over the fallout of the stamp duty issue, which aids of
Darling and department officials have been left to field.

Peter Bolton-King, the
National Association of Estate
Agents
‘ chief executive, said he had written to the chancellor for the third
time enclosing details of a survey conducted by his organisation, showing one in
four estate agents had seen agreed house sales fall through as a direct result
of the uncertainty.

But Treasury aides said the chancellor was adamant that he was not going to
be pushed into taking any action on stamp duty.

Further reading:

Stamp duty dither threatens property market

Read
The Times story

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article