Conservative Proposals _ Stamp Duty and IHT
Published / Last Updated on 11/11/2007
The Conservative Party has pledged to make changes to Inheritance tax and Stamp Duty, if they came into power. They plan to increase stamp duty to £250,000 for first time buyers, which would cost the taxpayer £400million, in lost revenue.
They have also proposed to raise inheritance tax threshold to £1million. These proposals have caused a stir.
Our view
The bottom line is that revenue will still need to be raised, the question to ask the Conservatives is where will they get it from?
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