I agree with the thesis put forward in the following article http://www.investorschronicle.co.uk/2012/03/27/comment/property-matters/bring-on-the-mansion-tax-KS1cyRn513svdJEIBhJ2OJ/article.html Stamp Duty Land Tax (SDLT) is a real problem and a very inefficient tax. My personal opinion is that SDLT should be abolished and the principle primary residence tax relief should only apply to homes owned for 2 years, unless they can prove to a tribunal that the reason for moving is not to make a profit on selling the home, that property developers pay capital gains tax.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action.rn
