The Tax Payers Alliance (TPA) is urging the government to abolish the ‘unfair’ stamp duty, as it is preventing people buying their own home.
In a report, the group state that the three per cent stamp duty that additional homes surcharge will help prospective buyers, but is unfair to tenants in rented accommodation.
Their report, ‘Taxing tenants: how taxes on landlords end up hitting tenants’, also argues that the restriction of finance cost relief for individual landlords will also advantage prospective buyers at the expense of tenants.