Do not introduce a new property tax without protecting recent stamp duty payers
Require any new annual property tax to include a full credit for Stamp Duty paid within the previous five years, with transitional relief for homeowners facing substantial increases.
Signatures
7
signatures
Government response threshold (10,000) · 7/10,000
Debate threshold (100,000) · 7/100,000
- 27 AUG 2026Petition opened for signaturesCreated by Rachel Joe
Background
Homeowners who recently paid substantial Stamp Duty could be unfairly disadvantaged. They would have paid a large upfront tax under the existing system, only to face a new annual property tax shortly afterwards, while future purchasers benefit from the abolition of Stamp Duty.
Any reform should provide a full credit for Stamp Duty paid within five years of implementation, applied against future property-tax liabilities, plus a phased transition and protection from excessive increases.