Angela Rayner tax row: What to know about stamp duty and how to avoid falling foul of rules
Deputy Prime Minister Angela Rayner announced a low -wage stamp tax in a coastal apartment that wants a tax expert to label property tax as a “confusing confusion”.
Rayner’s adoption, assembly pressure and media reports, Ashton-Under-Lyne claims that he saved $ 40,000 from the actions of a family house in the election zone.
Ms. Rayner said Hove Flat bought her son after selling her shares in another house to her son’s trust. Initially, he claimed that he believed he was responsible for the standard stamp tax rate based on legal advice.
However, although he did not have any other property during the purchase, it was recommended that “complex provisions related to confidence would lead to additional stamp tax liabilities”.
The event emphasizes the complex nature of the stamp tax applied on “plates”, and home buyers pay the increasing sections of the property price when buying a housing.
Stamp tax is charged in England and Northern Ireland. Scotland and Wales apply separate real estate taxes.
Housing market experts emphasized the critical importance of home buyers by taking expert advice to understand their obligations.
For example, the existing “Nile ratio” band to buy a property as single houses has recently reduced from a threshold of £ 250,000 higher from April 2025.
If they will buy a new housing, they will have more than one, home buyers usually pay 5 percent above stamp tax rates.
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However, in some cases, they may not have to pay 5 percent if buyers change their main houses and sell their predecessors.
Dan Neidle, the founder of the tax policy partners, said that people bought a house and that you can ask how much stamp tax to your transporter ”.
But in complex situations, he said, “This is a very bad idea.”
Mr. Neid added: “Large point: Stamp tax is a confusing confusion. Tax should not exist. The second home additional fee Daft.
“Why are we taxed to someone who buys one who buys 500 thousand £ 55 thousand (15 thousand £ + 40k), but someone who buys £ 43K £ 43K?”
The property expert and TV presenter was published on Kirstie Allsopp X: “I wanted everyone to understand that the so -called 2nd home additional fee was a vicious small tax that captures people in some of the most difficult stages of their lives (Sic).
“If Angela Rayner did not understand how it works, how the rest should be?”
David Hollingworth, the assistant director of L & C Mortgages, said that most of the trust arrangements should take into account the status of home buyers.
Speaking about the stamp tax in general, Mr. Hollingworth said: “The stamp tax land tax has only become more complex with the additional wage on the additional property, so it is more important to get expert tax advice.
“The more complex the situation, the more advice will have to be more experts.”
Nathan Emerson, General Manager of Property Professions’ Body Properymark, said: “Buying and selling property is constantly a stressful process and as a continuously developing process, and many people are rarely involved.
“In practice, to understand what tax can be when buying a property will probably be familiar to many people.”
He continued: kim Any amount that needs to be expected will be really individual, for example, if you are the first buyer, for example, if you buy an additional property or perhaps buy an additional property, may vary according to many directions.
“You should make sure that you have checked all the sent documents twice and all the numbers specified are correct and represent the real picture.
“In this process, it is recommended to consider professional advice and understand exactly what could happen before sending all the relevant information.”
In a statement, Ms. Rayner, who divorced in 2023, said that she accepted a “nesting arrangement ğı that children stayed at the family house.
In 2020, the authority said that a trust initiated by the court was established after a deep personal and sad incident that included my son as an early baby.
The statement continued as follows: “Lifetime has been disabled and trust was established to manage the prize on behalf of him.
Ik We acknowledged that our interest in the family house will be transferred to this confidence, which was brought to the court where we are the only beneficial.
“Some of our family house was transferred to Trust in 2023.”
In January 2025, Ms. Rayner said that she sold the remaining interest of the property to her son’s trust.
In the statement, he said: ık We conveyed the property because it was in the benefit of our child. I acted like any parent.
“The sale of the property in Ashton-Under-Lyne did not change my family life. My family continues to be my home as it has been more than ten years.”
After selling his trust to trust, Rayner said he bought Hove property in May 2025 and used it collectively by selling his ”where I have and where the savings are in a deposit for my new job.
He said he got a mortgage to finance the rest.
Rayner, in buying the property: “My understanding meant that I was responsible for the standard stamp tax rate of my conditions on the advice of lawyers.
“Considering the latest claims in the press, I gave more advice from a leading tax consultant to review this position and to ensure that I fully comply with all tax provisions.
“Now, although I have no other property during the purchase, it was recommended that the complex acceptance provisions of my son’s trust led to additional stamp tax obligations.
“Depending on my confidence in advice from lawyers who do not take these provisions properly, I accept that I do not pay the appropriate stamp tax during the purchase.”
Ms. Rayner said that she worked with lawyers and HM revenue and customs to solve the issue and to be paid.
