Retirees and homeowners most vulnerable to 'very big whack' of stamp duty - 'It's unfair!'

RETIREES, homeowners and first-time buyers bear the brunt of “unfair” stamp duty, a tax expert told Express.co.uk.

Campaign Manager for the TaxPayers' Alliance, Duncan Simpson, spoke to Express.co.uk about the “unfair” impact of stamp duty tax on homeowners and retirees. Stamp Duty Land Tax is paid on the purchase of a home in England or Northern Ireland costing more than £125,000. Mr Simpson warned that those “in retirement or nearing retirement” and “first-time buyers” bear the brunt of the “perversive” tax.

He told Express.co.uk: “I...
source: Express

2019-11-07 23:56
Latest news from Express
today 21:29 Queen Elizabeth cuts a sombre figure as she heads out for morning ride in Windsor Castle
today 21:29 Meghan Markle and Sophie Wessex: The reason Sophie stood next to Meghan on balcony
today 21:29 William and Harry kept apart at Remembrance concert to have brothers abide by strict rule
today 21:29 Prince William had subtle cosmetic dentistry after a losing tooth expert dentist claims
today 21:29 Flights: Air traffic controller reveals common pilot blunder passengers aren’t aware of
today 21:29 Fantasy Island trailer: New HORROR from Get Out producer sees nightmares become real WATCH
today 21:29 Farage reveals major offer Tories made him just days before Brexit Party election decision
today 21:29 Farage reveals Boris promise that resulted in election U-turn as he defends Brexit deal
today 21:29 Australia fires MAP: Wall of flames to bear down on Sydney - where is fire RIGHT NOW?
today 21:29 SNP U-turn: How former deputy leader claimed ‘joining EU strengthened independence calls’
today 21:29 How get rid of visceral fat: Best exercise to lose the dangerous fat according to experts
today 21:29 Would-be Remainer backs Tories to 'deliver democracy' as she slates ‘communist Corbyn’
today 21:29 How royal rebel Princess Anne dressed ‘daringly’ - displeasing the Queen Mother
today 21:29 Fires near me: How to track Australia fires - Authorities warn they can’t save everyone
today 21:29 Black ‘Poppy Cabs’ line Westminster to take veterans home on Remembrance Day for free
today 21:29 NASA mystery: What are these black holes on Jupiter? Hubble stuns with 'unique' picture
today 21:29 Even Germany backs Boris: European firms attack Corbyn’s anti-business economic plans
today 20:26 Hearthstone Battlegrounds release date: Launch time news for open beta confirmed
today 20:26 Volcanoes: What is the most dangerous volcano in the world? Ring of Fire activity
today 20:26 Corbyn blasted for defending Bolivian president who stepped down over election tampering
Latest news from Great Britain
today 21:29 Boris Johnson calls emergency meeting as hundreds evacuated over flooding
today 21:29 Traffic warden dishes out fines to cars attending Remembrance Sunday parade
today 21:29 Queen Elizabeth cuts a sombre figure as she heads out for morning ride in Windsor Castle
today 21:29 Meghan Markle and Sophie Wessex: The reason Sophie stood next to Meghan on balcony
today 21:29 William and Harry kept apart at Remembrance concert to have brothers abide by strict rule
today 21:29 Prince William had subtle cosmetic dentistry after a losing tooth expert dentist claims
today 21:29 Flights: Air traffic controller reveals common pilot blunder passengers aren’t aware of
today 21:29 Fantasy Island trailer: New HORROR from Get Out producer sees nightmares become real WATCH
today 21:29 Farage reveals major offer Tories made him just days before Brexit Party election decision
today 21:29 Farage reveals Boris promise that resulted in election U-turn as he defends Brexit deal
today 21:29 Australia fires MAP: Wall of flames to bear down on Sydney - where is fire RIGHT NOW?
today 21:29 SNP U-turn: How former deputy leader claimed ‘joining EU strengthened independence calls’
today 21:29 How get rid of visceral fat: Best exercise to lose the dangerous fat according to experts
today 21:29 Would-be Remainer backs Tories to 'deliver democracy' as she slates ‘communist Corbyn’
today 21:29 How royal rebel Princess Anne dressed ‘daringly’ - displeasing the Queen Mother
today 21:29 Fires near me: How to track Australia fires - Authorities warn they can’t save everyone
today 21:29 Black ‘Poppy Cabs’ line Westminster to take veterans home on Remembrance Day for free
today 21:29 NASA mystery: What are these black holes on Jupiter? Hubble stuns with 'unique' picture
today 21:29 Even Germany backs Boris: European firms attack Corbyn’s anti-business economic plans
today 20:53 UK PM Johnson to chair emergency meeting on flooding
today 20:41 Rugby League news: Huddersfield to offload half-back, Leeds Rhinos eye NRL star, ex-Hull KR man's new club, FC star's excitement
today 20:41 Police called as couple fight in Hull's Gino D'Acampo restaurant - but staff praised for 'amazing' response
today 20:26 Nigel Farage offered peerage 48 hours before election U-turn
today 20:26 Hearthstone Battlegrounds release date: Launch time news for open beta confirmed
today 20:26 Volcanoes: What is the most dangerous volcano in the world? Ring of Fire activity
today 20:26 Corbyn blasted for defending Bolivian president who stepped down over election tampering
today 20:26 Rafael Nadal vs Alexander Zverev LIVE: Spaniard in ATP Finals action amid injury worries
today 20:26 Labour members urge Corbyn to scrap election candidate who shared Theresa May gun picture
today 20:26 SpaceX launches Starlink: 60 new satellites take flight but astronomer warns 'it's a mess'
today 20:26 Missing in action: How one hero pilot's parents never gave up on finding their missing son
today 20:26 November Full Moon 2019: NASA welcomes the spectacular Beaver Moon tomorrow night
today 20:26 Queen’s favourite: Is Kate Middleton favourite? Or is Sophie Wessex most-treasured royal?
today 20:26 Emilia Clarke: Game of Thrones star in daring plunging gown for Last Christmas premiere
today 20:26 D-Day landings: How weather forecaster changed course of WW2 – 'It was massive'
today 20:26 UK floods latest: Emergency meeting called by Boris Johnson as 'biblical' weather strikes
today 20:26 Trump speech hijacked as protestors shout and whistle during President’s veterans speech
today 20:26 Brexit Party to ‘undermine’ Jeremy Corbyn in at least 3 traditional seats, pollster claims
today 19:38 Labour and the Liberal Democrats share a common problem: a lack of honesty about tax
today 19:38 Why the Liberal Democrats believe Nigel Farage's retreat will help them
today 19:38 Tragedy as Hull man dies hitting his head in fall after drinking Frosty Jack's cider
today 19:38 Row erupts in Prospect Centre over Remembrance Day poppies as veteran accuses trader of selling 'fake knock-offs'
today 19:38 Row erupts in Prospect Centre over Remembrance Day poppies as veteran accuses trader of selling 'fake knock-offs'
today 19:23 A campaign of the many, for the many
today 19:23 National Galleries ditch of BP sponsorship is a ‘massive win’ for campaigners
today 19:23 The Bolivian coup: what the mainstream media don’t tell you
today 19:23 Johnson accused of attempting to put British soldiers above the law
today 19:23 McDonald's workers to strike in demand of £15 an hour
today 19:23 Rapist sexually assaulted girl, 5, on train home from prison
today 19:23 Pub landlords in flooded village ‘fuming’ after council abandons food supply run
today 19:23 WoW Classic Phase 2 release date news: Blizzard confirms update plans
Watch the news from UK on Facebook