Tories promise to scrap stamp duty if they win next election

The Conservatives volition abolish stamp work if they triumph the adjacent election, Kemi Badenoch has announced.

Speaking to the Conservative Party league successful Manchester, the Tory person described stamp work - the taxation paid erstwhile a caller location is purchased - arsenic a "bad tax" and an "unconservative tax".

She said that she had looked astatine lowering the thresholds astatine which stamp work is paid but decided it would not beryllium "enough".

"The past Conservative authorities chopped stamp work for thousands of location buyers," she told the conference.

"But present we indispensable spell further. We indispensable escaped up our lodging marketplace - due to the fact that a nine wherever nary 1 tin spend to bargain oregon determination is simply a nine wherever societal mobility is dead.

"The adjacent Conservative authorities volition abolish stamp work connected your home."

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