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Abolish stamp duty for cohabiting couples who split & buy share of co-owned home

National
·35 reactions·100% agree

If a cohabiting couple split up & one party would like to buy the other out of the family home to remain & create stability for children etc then stamp duty is liable on any share of the house bought from the leaving party & the mortgage debt taken on. Married couples do not pay this tax.

Rachel Reeves

Rachel Reeves

Chancellor

Chancellor

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Map of National
State Logo

Abolish stamp duty for cohabiting couples who split & buy share of co-owned home

National

If a cohabiting couple split up & one party would like to buy the other out of the family home to remain & create stability for children etc then stamp duty is liable on any share of the house bought from the leaving party & the mortgage debt taken on. Married couples do not pay this tax.

National
35 reactions·100% agree
Rachel Reeves

Rachel Reeves

Chancellor

Chancellor

React

Where do you stand on this motion?

Reasons for1
Reasons against0

See what others are saying

Members can read every reason.

Similar motions

Abolish 0.5% Stamp Duty Reserve Tax on UK-Listed Equities

In order to promote more investment in UK industry by domestic & international investors the government should remove the current 0.5% Stamp Duty Investment Tax on UK listed Equities.

15Reasons
National

Abolish inheritance tax

We believe inheritance tax destroys family wealth for future generations and destroys opportunities of further investment into the UK. We believe it is inhumane and incredibly unfair. Many people work all their lives to build wealth, only for it to be taxed by the Government.

66Reasons
National

Scrap stamp duty on share transactions bought within an ISA

By reducing cash ISA limits to push stocks and share ISA's, government will take more in tax than from traditional interest. 20k means multiple stamp duty payments of £100 if stocks are traded. If the government are serious about people investing to better their savings, scrap stamp duty in an ISA.

5Reasons
National

Introduce a Home Ownership Savings Account with tax relief for first-time buyers

Introduce a Home Ownership Savings Account with tax-relief for first-time buyers, allowing them to save part of their pre-tax income in a ring-fenced account for a home buying deposit. Funds could then be taxed only if withdrawn for non-eligible use.

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Petition launched for council tax and stamp duty review

An online government petition calling for a full independent review of council tax and stamp duty policy has gathered over 11,000 signatures.

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