Submitted on Sunday 31st July 2016
Published on Tuesday 23rd August 2016
Current status: Closed
Closed: Thursday 23rd February 2017
Signatures: 30
Reduce the payment of stamp duty to 0% for British Armed Forces personnel
Armed Forces personnel, by virtue of work, are likely to move around more as a result of posting. Moving home every 2-3 years can be
costly incurring legal fees and tax. To reduce this cost, incured as a result of the employment, stamp duty could be reduced to 0% for residential property purchase
With my current property 2 years on the market at a price below market value and still unable to sell. When I return from serving overseas I will incur 3% stamp duty to buy a new home close to where I work. I face this, paying full rent for a property or living in a single man room where I have little choice over food and little privacy, Im 43 I dont wish to live like a student, I would like to afford my own space.
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