i m joined by yael selfin, chief economist at kpmg and by sue hayward who s a personal finance and consumerjournalist. sue, a question from john in colchester. what are the changes to stamp duty and when are the changes to stamp duty going to take effect? the changes are actually coming in today. this is one of those immediate changes, so stamp duty, as many people will know is a government tax that you pay when you buy property or land and they are complicated because there s different thresholds and rates but the changes introduced today that means if you are completing a property purchase, these changes take effect for you moving forward and you could previously have up to £125,000 of not paying stamp duty but that is now doubled which means
As many as 25 law firms became insolvent over the past 10 years, trapping more than HK$530 million of homebuyers’ funds in escrow, requiring them two years on average to get their money back, according to a Legislative Council document and court papers.
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