Stamp Duty stops young people buying a home and starting a family, discourages elderly people from downsizing and stops people moving to new places for new jobs. It is an unfair double tax that should be cut.

We need your help. Please enter your postcode below to contact your MP:

 

Get The Facts

Back in 1993 there was only one rate of Stamp Duty – 1% – and it kicked in at £60,000, which was more than the average house price at the time.

Now we have five rates: 1%, 3%, 4%, 5% and 7%. More than two thirds of families pay it when they move and 183,000 a year pay the punitive 3% rate or even more

Use the map above to find out where Stamp Duty hits hardest – click on the councils to see the figures

Stamp Duty is an enormous problem for first-time buyers. If they are saving up for a 10% deposit, for example, having to find another 3% on top of that creates is a challenging obstacle on the way to their dream of owning their own home.

It creates problems for anyone with a growing family and anyone who needs to move to take a new job. And Stamp Duty also discourages elderly people from downsizing to a smaller property more suitable for their needs. They will avoid moving if it means paying thousands of pounds in extra tax.

The structure of the tax is a mess. If you pay £1 over the £250,000 threshold, you will pay three times as much in Stamp Duty.

Two major recent reviews of the tax system – the 2020 Tax Commission from the TaxPayers’ Alliance and the Institute of Directors and the Mirrlees Review from the Institute for Fiscal Studies – concluded that it should be abolished.

RESEARCH

Research Note 128 | 06 August 2013: Revealed: More than a quarter of home-buyers hit with a Stamp Duty bill for £7,500 or more (PDF)

Stamp Duty – a counterproductive tax. A Proposal for Reform by the TaxPayers’ Alliance

Research Note 129 | 23 August 2013: Three in ten homes to suffer Stamp Duty hike by 2017

Send a message to your MP and help us stamp out Stamp Duty.

Local Events

Our grassroots activists are organising events around the country to let people know about the problems created by Stamp Duty and urge them to take action. If you would like to help out with a Stamp Out Stamp Duty event in your area, then please let us know.

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Campaign Resources

We’ll be posting downloadable campaign resources – flyers, petitions, and fact sheets – throughout the campaign.

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Donate

We think there is an important opportunity right now to do something about Stamp Duty. Grassroots campaigns can be highly effective – we saw that with the £200 million cut in beer tax earlier this year – but they cost money. If you can make a financial contribution, then that would help us do more to take on this unfair and increasingly arbitrary tax.

We are entirely dependent on private donations so you are directly contributing towards the strength of our campaign.

There are several ways you can give:

- via PayPal, using the secure form here

- by cheque, made payable to The TaxPayers’ Alliance and sent to The TaxPayers’ Alliance, 55 Tufton Street, London SW1P 3QL

- by standing order. Email our Development Director Sara Rainwater for a form

- by credit or debit card by calling Sara on 0845 330 9554

Thank you very much for choosing to make a donation to the TPA.

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