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Do I pay stamp duty?
Comments
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theartfullodger wrote: »Surely it's the patriotic thing to pay all taxes due promptly & with good humour??
Sorry, I but don't feel patriotic at all being a FTB and still having to pay 3% of the property value because my house is worth 290K - because 3-bed houses UNDER £250,000 in our town will be in a crap area with bad schools.
That's not what I call fair at all.0 -
So where do you suggest the cut-off point is? In some areas you can get a massive house for that price. C'est la vie and all that...
Jx2024 wins: *must start comping again!*0 -
I don't mind the house price, I mind paying SD while being a FTB. Would be fair to abolish SD for FTBs altogether.
Nobody thinks SD is fair. In fact, no tax is fair, but for £240K where I am moving to would buy a mansion. Unfortunately, the government has discovered that it's a lucrative form of income and are unlikely to do anything about it, ever so there's really no point arguing.Debt Free! Long road, but we did it
Meet my best friend : YNAB (you need a budget)
My other best friend is a filofax.
Do or do not, there is no try....Yoda.
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Never gonna please everyone all of the time. We don't get any benefits for not having children - wish everyone had an optional year off work at some stage, maternity leave or not
Mind you, do actually agree that FTBs shouldn't pay stamp duty. Good point. Also think the stamp duty brackets should work that you pay an increased percentage on the amount over the bracket, not on the whole sum - but there you go. Life sucks sometimes.
Jx2024 wins: *must start comping again!*0 -
Sorry, I but don't feel patriotic at all being a FTB and still having to pay 3% of the property value because my house is worth 290K - because 3-bed houses UNDER £250,000 in our town will be in a crap area with bad schools.
That's not what I call fair at all.
Look on the bright side. £250k in my neck of the woods would buy you a studio, or possibly a high-rise ex-council 1 bed....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
I don't think many young mothers regard as a year of work on reduced money, messed up chances of promotion plus a 24 hour a day bundle of fun as a holiday to remember.Never gonna please everyone all of the time. We don't get any benefits for not having children - wish everyone had an optional year off work at some stage, maternity leave or not
Mind you, do actually agree that FTBs shouldn't pay stamp duty. Good point. Also think the stamp duty brackets should work that you pay an increased percentage on the amount over the bracket, not on the whole sum - but there you go. Life sucks sometimes.
Jxneverdespairgirl wrote: »Look on the bright side. £250k in my neck of the woods would buy you a studio, or possibly a high-rise ex-council 1 bed.
As per normal London and "Roseland" is subsidising the rest of the country.0 -
harryhound wrote: »I don't think many young mothers regard as a year of work on reduced money, messed up chances of promotion plus a 24 hour a day bundle of fun as a holiday to remember.
Hence the wink - very tongue in cheek!
Jx2024 wins: *must start comping again!*0 -
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