You pay stamp duty at the time of purchase depending on the purchase cost. try list link for a calculator that works it out
http://www.taxcentral.co.uk/taxcentral/home/stampduty/stampdutycalculator/default.asp
note. below £125,000 you pay zero.
there are also some postcode exemptions if the property is in a disadvantaged area.
try HM revenue site for details
2006-12-22 07:48:34
·
answer #1
·
answered by ? 5
·
1⤊
0⤋
The tax's are called Rates, and are based on the re-sale value of your house.
For a lowest band flat in Portsmouth, I was paying about a thousand a year.
The you have water rates, which can be on a meter, or based on your rates again, about £200 per year
then there is sewarage, about £80 per year upwards, f you live below sea level.
The you have the bills, gas, electricity, phone
of and you mortgage repayments
2006-12-22 07:37:21
·
answer #2
·
answered by DAVID C 6
·
0⤊
0⤋
No she is merchandising her important homestead to swap it with another. If this were a 2d supplies which became as quickly as now no longer her needed place of living like a trip place of living or she rented to a tennant then she could would desire to pay tax on the sales she made.
2016-12-11 14:24:40
·
answer #3
·
answered by ? 4
·
0⤊
0⤋
Stamp duty depending on the purchase price- it is a purchase levy by the government. As for when the property is purchased, council tax is payable, and the amount depends on which 'band' the area is classed as.
2006-12-22 11:21:19
·
answer #4
·
answered by Linda 6
·
0⤊
0⤋
you have only to pay a property tax if the house you buy is £250,000 and over...........plus council tax when you live in the property
2006-12-22 07:36:56
·
answer #5
·
answered by man with the golden gun 4
·
0⤊
0⤋
Stamp duty on properties over a certain amount....and VAT on solicitors fees
2006-12-22 07:39:34
·
answer #6
·
answered by Bluefurball 3
·
0⤊
0⤋
Too bloody many!!!!!!!!!
2006-12-22 07:45:52
·
answer #7
·
answered by Anonymous
·
0⤊
1⤋