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Stamp duty is a tax that is levied on single property purchases or documents A physical stamp had to be attached to or impressed upon the document to denote that stamp duty had been paid before the document was legally effective. More modern versions of the tax no longer require an actual stamp.
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Stamp Duty scrapped on all homes under £500,000 with immediate effectStamp duty has been scrapped immediately for all homes under £500,000, to kickstart the stalled housing market.
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