TaxPersonal TaxBudget 2010: Stamp duty threshold raised to £250,000

Budget 2010: Stamp duty threshold raised to £250,000

First- time buyers get boost from the Chancellor, but duty on homes worth £1m+ rises to 5%

Alistair Darling has said the stamp duty threshold for first-time buyers has
been doubled to £250,000.

But for those buying homes worth more than £1m, the duty will rise to 5% from
April next year.

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