💸 Why does moving house cost a fortune? Stamp Duty.
In this video, I break down the truth behind one of the most hated taxes in Britain — from its 17th century origins to its explosion under Gordon Brown and George Osborne… and how it’s now become one of HMRC’s biggest cash cows 🐄.
We’ll cover:
– How stamp duty went from a few hundred million… to over £17 billion
– Why the government is addicted to this tax (and can’t afford to scrap it)
– Who really pays the price — first-time buyers, upsizers, downsizers
– Why it’s back in the headlines (and why it might get worse)
⚠️ Stamp duty isn’t just a tax — it’s distorting the entire property market.
👇 Watch the full breakdown — and let me know in the comments:
**Should stamp duty be scrapped, reformed, or kept the same?**
🔔 Don’t forget to subscribe for weekly deep dives into the UK housing market, inflation, taxes, and how to survive the economic storm.
Credit to : British Home Group