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 I Milik Stamp Duty Exemption Still No Gazzettement

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LazyCat666
post Nov 9 2022, 11:15 AM

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QUOTE(tyron @ Nov 9 2022, 10:32 AM)
Hi guys, in July 2022, PM announced 50% stamp duty exemption for first home buyer for property above 500k, from July till Dec 2022

Recently bought a house, and found out from lawyer that the exemption is still yet to be gazzetted, no black n white rules, and we still have to pay in FULL.

Seems like a JANJI KOSONG for me. And now they plan to discuss 2023 total exemption with the previous announcement yet to put into place after so many months

Any idea when will the exemption will be gazzetted? and if we pay in full now, will be get refunded in future (i highly doubt so). Tats a huge fee difference involved for me.
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Nobody knows. Need to wait until after the election.
LazyCat666
post Nov 9 2022, 11:16 AM

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QUOTE(alepfx @ Nov 9 2022, 10:39 AM)
Already purchased few houses this year, all fully exempted, born by developer.
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Exempt stamp duty on SPA only or for MOT also?

 

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