3 ms·
Wikipedia disagrees on "has no property tax", and it's hard to tell anything about "has almost no property tax". https://en.wikipedia.org/wiki/Property_tax#Uni
by dozzie 10y ago
Wikipedia disagrees on "has no property tax", and it's hard to tell anything about "has almost no property tax".
https://en.wikipedia.org/wiki/Property_tax#United_Kingdom https://en.wikipedia.org/wiki/Property_tax#United_Kingdom
- dan1234 10y agoThe UK also has a Stamp Duty tax when property is purchased. https://en.wikipedia.org/wiki/Stamp_duty_in_the_United_Kingdom#Stamp_Duty_Land_Tax https://en.wikipedia.org/wiki/Stamp_duty_in_the_United_Kingd...
- dozzie 10y agoWhich is a tax on selling the property, not on merely owning it, and I believe it's the latter we're talking about here.
- tome 10y ago> Which is a tax on selling the property, not on merely owning it FWIW it's a tax on buying, not selling, though I imagine it's much the same thing.
- tome 10y agoStamp duty is a one-off tax in the single digits (or exceptionally, in the very low double digits). This is a 2% tax per year!
- YeGoblynQueenne 10y agoWhat's even worse- in the UK everyone but full-time students has to pay council tax, which is a tax on the property you live in even if you don't own it. Try telling that to the Greeks. They think you're joking.