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The Office for Budget Responsibility has warned that stamp duty is threatening the economy because the owners of more expensive properties now pay so much tax.
Ministers, peers and think tanks have urged Philip Hammond, the Chancellor, to cut the duty- dubbed a "tax on moving" in his Autumn Budget, amid fears that it is stifling the housing market. The OBR,
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A Treasury spokesperson said: “We have cut stamp duty for 98 per cent of those who pay it when buying their main home,
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“The latest statistics show that transactions are rising. In fact,http://pacientes.pasandovisita.com/activitycheapjordanshoesfreeshipping.com/bolg,
cheap jordans free shipping, July saw the highest number of people buying or selling a home since March 2016”
Brussels must end the perk that allows EU staff and MEPs to pay, in some cases, as little as 12 per cent tax,
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The call comes a day after The Telegraph reported that the EU’s 28 commissioners had spent half a million euros on travel expenses in just two months and before tough negotiations over the so-called “Brexit bill” later this month,
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The European Commission is thought to favour a financial settlement of 100 billion euros as the price for Brexit. Britain is planning an initial offer of ?36?billion, The?Telegraph reported.
Staff in the EU institutions do not pay national income tax, instead they pay an often far lower “community tax” directly back into the bloc’s budget. The money is used to fund programmes in EU member states.?
According to figures from the Brussels-headquartered commission,
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