All the basics on what stamp duty means and how it relates to UK tax affairs.
HMRC has warned that time could be running thin for anyone attempting to use stamp duty land tax avoidance schemes.
The first thing to say is that mansion tax does not yet exist as a formal requirement.
The government has introduced a lighter version of the proposed 'mansion tax' that will introduce a higher rate of stamp duty on properties over £2 million.
The news that websites are offering homebuyers loopholes to avoid paying stamp duty is a cause for concern for HM Revenue and Customs (HMRC).
For first-time buyers only, the nil-rate threshold for stamp duty has been increased to £250,000 for a period of two years from 25 March 2010 to 24 March 2012 inclusive.
Lenders have expressed disappointment that the government will not extend the stamp duty holiday programme past the 31 December 2009 deadline.