How Stamp Duty Has Changed in the UK: Evolution, Current Rates, and Future Predictions
Introduction to Stamp Duty in the UKStamp Duty, formally known as Stamp Duty Land Tax (SDLT), is a significant aspect of the United Kingdom’s property landscape. Originally introduced in the late seventeenth century as a tax on legal documents, its primary purpose was to generate revenue for the government. Over time, Stamp Duty has evolved…