It doesn’t - you just pay it up front rather than at the end when you dispose of it
I suspect this is because they want people to improve the housing stock and by not taxing at sale they incentivise improvement.
Plus stamp is clearly independent of length of hold period or change in value. So it penalises those that need to move frequently etc ec
@NickCJ started
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It doesn’t - you just pay it up front rather than at the end when you dispose of it
I suspect this is because they want people to improve the housing stock and by not taxing at sale they incentivise improvement.