Kemi Badenoch's Stamp Duty Pledge Will Face Scrutiny over Revenue Estimates

Kemi Badenoch's stamp duty pledge will face scrutiny over revenue estimates

Kemi Badenoch promised to abolish stamp duty if the Conservatives win the next election as she closed the party conference.

The options to replace stamp duty – and how it could affect you

Plans from the Tories to cut stamp duty on primary residences could see other payments such as council tax being reformed as a result, a leading fiscal policy analyst has said. Kemi Badenoch made the pledge in her closing speech at the party’s conference in Manchester, with the opposition leader calling on Rachel Reeves to cut taxes in an effort to boost growth. Stamp duty is paid on the purchase of a property of between 5-12 per cent depending …

BLOG: Will Rachel steal Kemi's stamp duty plan and set the property market alight?

It is likely that Chancellor Rachel Reeves will steal at least some of Kemi Badenoch's plan to abolish Stamp Duty, but who will pay to fill the fiscal gap?