Property News · June 29, 2020

I live in a vicarage – why am I discriminated against on stamp duty?


We are unable to claim back the higher-rate duty on a flat we own as it is not our main residenceQ It seems that clergy are discriminated against by the rules on higher-rate stamp duty. We do not own our main residence, the vicarage, but have to live in it as an occupational requirement.We have a small flat which we had for sale to help pay for a retirement house. We have found our retirement home. Due to the coronavirus pandemic we lost the flat seller. A family loan is helping us buy the house, but we will not be able to claim back the higher-rate duty when the flat finally sells, as our main residence is the vicarage and not the flat. Continue reading…

Source : theguardian.com
Read more…I live in a vicarage – why am I discriminated against on stamp duty?

You may also like...