
Top Tory rails against Osborne’s Stamp Duty reform
Tory MP Mark Field is not a happy bunny about Osborne’s Autumn Statement. Writing to members of his association, the MP for the Cities of London and Westminster has blasted the Chancellor’s ‘unfortunate’ move over stamp duty — despite claiming to be sympathetic to the ‘politics’ of ‘soaking the remaining rich’. Mr S thought the full rant was worth reproducing here: ‘Those buying a £2 million home will now have to find £153,750 in cold hard cash to hand over to the Treasury, up from £100,000. Meanwhile, those purchasing a property valued at £5 million will have to pay £513,750 in duty, coincidentally precisely the same amount as the cost
