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Debate House Prices


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Stamp duty tipped for Autumn Statement shakeup

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Comments

  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Understand that.

    But the debate (from memory) was about avoiding a super-inheritance tax or rolled up CGT on your house. HMRC would not allow you to sell at £1 in that scenario, just like they (or DWP)watch if you sell deliberately to make yourself 'poor' and qualify for long term care.

    Of course multi nationals can still do what they like.

    True, although HMRC don't have a great track record of enforcing the law and I would be surprised if more than 25% of DWP staff can spell their own name correctly at the first attempt.
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    Go and wake Hamish up will you, it has been quiet recently.

    Don't say his name out loud, you'll summon him. He'll appear in a puff of smoke & start saying why more QE is a great thing & how house prices have risen are cheap have risen are cheap have risen are cheap have risen are cheap have risen are cheap have risen are cheap have risen are cheap have risen are cheap have risen are cheap have risen are cheap have risen are cheap...........
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