Sajid Javid says he has no plans to make house sellers, rather than buyers, pay stamp duty tax.
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Chancellor Sajid Javid has said he has no plans to make house sellers rather than buyers pay stamp duty tax.the Times reported on Saturday"I know from the Ministry of Housing, Communities and Local Government that we need bold measures on housing - but this isn't one of them," Mr Javid said.
The latest housing figures suggest that both house prices and sales are losing momentum amid Brexit uncertainty. Key aspects of the housing market were"pretty much flatlining", the Royal Institution of Chartered Surveyors saidIn the interview with the Times, Mr Javid refused to give details of his plans to reform the tax system, instead saying"wait and see for the Budget" which is due to take place in the autumn.
Mr Javid said he had not yet decided whether to hold the Budget before 31 October, the date the UK is expected to leave the EU.
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