Word info

stamp duty

Noun

Meaning

(economics) A tax levied upon certain documents, a stamp being applied to show that tax has been paid.

(UK) Ellipsis of stamp duty land tax, a tax on land transactions in England and Northern Ireland.

Source: en.wiktionary.org

Examples

According to the lender, it has to shoulder a nearly ¥200 annual stamp duty for each passbook account. Source: Internet

“Also, government schemes such as stamp duty relief, help to buy equity loans and help to buy ISAs will have made an impact. Source: Internet

Although house prices are falling in the UK, the upfront costs of buying a home are still high, even without stamp duty included. Source: Internet

A temporary stamp duty holiday, costing £3.8bn, to stimulate the property market was another measure unveiled by the chancellor. Source: Internet

But restrictions were eased in May and Chancellor Rishi Sunak has since introduced a stamp duty holiday, giving the market a boost. Source: Internet

Any card that bore the stamp duty like the ace of spades in England or the ace of clubs in France are also collectible as that is where the manufacturer's logo is usually placed. Source: Internet

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