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
- 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.
- There is a higher stamp duty rate for additional residential properties.
- The government has introduced a stamp duty surcharge for non-UK residents.
- Stamp duty is a major source of revenue for the UK government.
- Some people believe that stamp duty is a regressive tax that unfairly burdens low-income earners.
- There have been calls for the government to abolish or reduce stamp duty.
- 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.