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2006-12-22 07:31:07 · 7 answers · asked by Anonymous in Business & Finance Taxes United Kingdom

7 answers

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

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