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stamp duty
noun
- a tax on legal documents, publications, etc, the payment of which is certified by the attaching or impressing of official stamps
Example Sentences
Home sales will "jump" at the beginning of next year as people try to buy before the rise in stamp duty, one of the UK's biggest lenders has predicted.
Something the chancellor failed to mention, but could be important for anyone buying a home in certain parts of the country, is stamp duty.
Secondly, thresholds at which stamp duty is paid looks set to return to original levels in April.
The rate of stamp duty paid by people buying a second home is to rise, Chancellor Rachel Reeves has announced in the Budget.
It is also possible to add stamp duty to mortgage loans and increase your debt to cover the cost of the tax, but you could end up paying significantly more in interest payments.
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