UK PM Andy Burnham rules out stamp duty changes in next Budget; what it means

In a recent statement, Prime Minister Andy Burnham announced that there will be no changes to stamp duty this year, meaning homebuyers and investors will not benefit from any tax relief. Instead, the government will concentrate on various fiscal priorities, with Burnham hinting at potential tax increases to support public spending, as stamp duty has historically provided substantial revenue for the UK.

By TOI REAL ESTATE DESK