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stamp duty
noun
- a tax on legal documents, publications, etc, the payment of which is certified by the attaching or impressing of official stamps
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Example Sentences
Examples have not been reviewed.
The UK housing market has been relatively settled in recent times, although buyers still need to navigate uncertainty over interest rates and changes to stamp duty in England and Northern Ireland.
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There is nothing much you can do if your council tax is increasing, or you are buying a house and facing a higher stamp duty bill.
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Home buyers in England and Northern Ireland will pay more stamp duty after 1 April, when two key thresholds are reduced.
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Failure to do so would cost them £11,000 extra in stamp duty.
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Anyone starting a search for a property now would likely struggle to move before the stamp duty changes.
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