London Mayor

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Mayor Boris calls stamp duty loophole a scandal

Written on:March 5, 2024

Boris Johnson urged George Osborne to close a loophole that allows rich foreigners to dodge stamp duty on purchase of expensive properties by treating the house as a company. In a letter to The Daily Telegraph, London Mayor writes “It is all the more extraordinary that there is a billion lying on the pavement, under his very nose – and all that the Chancellor has to do is trouser it…

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