51Թ

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stamp duty

noun

  1. a tax on legal documents, publications, etc, the payment of which is certified by the attaching or impressing of official stamps

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

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The services sector grew overall in May, with legal firms recovering from the impact of changes to stamp duty thresholds the previous month.

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Prices fell by 0.8% last month, the biggest monthly decline since February 2023, which the building society said may reflect weaker demand following the changes to stamp duty in April.

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It means buyers of properties in England and Northern Ireland now pay stamp duty on homes bought for more than £125,000.

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More recently, changes to stamp duty led to a rush of new buyers before the end of March, but greater costs for anyone who missed that deadline.

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House prices fell in April as buyers faced paying thousands of pounds more in stamp duty, according to new figures from Nationwide.

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