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Local Stamp Duty

Published by Cllr Clarence Barrett on Mar 04, 2007
Closed on Jun 28, 2007
10 Signatures 
Target: The Chancellor of the Exchequer
Result:
Although few in numbers, thanks to eveyone who supported this petition.
Background (Preamble):
Each year billions of pounds is raised through stamp duty (£4.6 billion in 2005/06), which is basically a property tax, but it all goes straight to the Treasury.

If a proportion went directly to the Local Authorities in which the duty was raised, it would help alleviate the financial pressures on increasing rates of Council Tax.
Petition:
We, the undersigned, petition the Chancellor of the Exchequer to divert a proportion of the £4.6 billion raised annually through residential stamp duty directly to the Local Authorities in which the duty is raised.

The Local Stamp Duty petition to The Chancellor of the Exchequer was written by Cllr Clarence Barrett and is in the category Government at GoPetition. Contact author here. Petition tags:

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