Tag Archives: Samantha Cameron

Osborne’s new stamp duty tax to hit Cameron’s family bolthole

I wrote this article about how the prime minister’s landed father-in-law will be affected by the new stamp duty rules introduced in the Budget.

In a bid to halt stamp duty avoidance, a charge is to be introduced on all properties held by overseas companies.

The charge is expected to be £15,000 on homes worth £2m to £5m, rising to £140,000 a year for homes worth £20m or more.

Viscount Astor’s beautiful Jura estate, likely to be valued at well over the £2m cut-off, is a favourite holiday spot for Cameron and his wife.

Full text can be found on the Telegraph website here, or after the fold.

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