4 November 2022
Policy
ATED – the obscure tax that nobody was supposed to pay (and why we should raise £200m of tax by increasing it)
We all pay stamp duty when we buy a house. But there’s a well-known trick: have your house owned by a company – a special purpose company that does absolutely nothing else (often called “enveloping”). Then, when you come to sell, you sell the shares in the company, and the buyer pays no stamp duty. […]
