Stamp Duty Harder Than Heaven, Kensington Buyer Tells HMRC
The Taxpayer’s Perspective: One Kensington Purchase, Two Surcharges and a Camel Looking for a Refund WESTMINSTER, LONDON: A new theological dispute has erupted at HM Revenue and Customs after an overseas investor purchasing a Kensington property complained that stamp duty presented a greater challenge than the camel-and-needle test in Matthew 19:24. The purchaser, Alexander Sterling, offered £12 million for a house with seven bedrooms, two kitchens and a reception room…