BUYING a home of course involves additional costs and can mean having to pay stamp duty. But you don’t always have to pay the tax and the thresholds vary depending on the value of the property. The rate a buyer has to fork out depends on the price and type of property you buy Stamp duty can be a tricky subject to get your head around, particularly after changes announced by the Government in 2022. So we’ve put together a quick explainer on what the tax is, who pays it and how much it is depending on your circumstances. Here’s everything you need to know. What is stamp duty? Stamp duty is a payment you have to make when buying a property or piece of land over a certain pr
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