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Stephen Williams: Welcome move on stamp duty to tackle tax avoidance

March 18, 2012 9:51 AM
Originally published by UK Liberal Democrats

"The news from the Chancellor today that the Budget will include new measures to tackle stamp duty avoidance is extremely welcome.

"For far too long the wealthiest in society have been able to get away with avoiding thousands, sometimes hundreds of thousands of pounds. It is simply not right that average working people playing by the rules face high tax bills when buying a home, yet time and time again we are seeing the rich and famous use clever accounting to get away without paying.

"This announcement is a good strong sign that the Budget this week will deliver on key Liberal Democrat demands to ensure the main benefits got to those on low and middle incomes, and that it is a budget for the many not the few."