stamp duty (Meaning)

Wordnet

stamp duty (n)

a tax collected by requiring a stamp to be purchased and attached (usually on documents or publications)

Synonyms & Antonyms of stamp duty

No Synonyms and anytonyms found

stamp duty Sentence Examples

  1. The stamp duty on property purchases in the UK can be a substantial additional cost.
  2. The seller is responsible for paying stamp duty on the sale of a property.
  3. Stamp duty is calculated based on the purchase price of the property.
  4. The stamp duty rates for residential properties vary depending on the value of the property.
  5. There is a higher stamp duty rate for additional residential properties.
  6. The government has introduced a stamp duty surcharge for non-UK residents.
  7. Stamp duty is a major source of revenue for the UK government.
  8. Some people believe that stamp duty is a regressive tax that unfairly burdens low-income earners.
  9. There have been calls for the government to abolish or reduce stamp duty.
  10. Stamp duty is a significant consideration for anyone buying property in the UK.

FAQs About the word stamp duty

a tax collected by requiring a stamp to be purchased and attached (usually on documents or publications)

No synonyms found.

No antonyms found.

The stamp duty on property purchases in the UK can be a substantial additional cost.

The seller is responsible for paying stamp duty on the sale of a property.

Stamp duty is calculated based on the purchase price of the property.

The stamp duty rates for residential properties vary depending on the value of the property.