Business terms and jargon explained. Your business dictionary
What is Stamp duty
This is a tax on the purchase of a property. There can be exemption from stamp duty given for first time buyer or depending on the value of the property. The exemptions and rates change from time to time depending on the market and government policy.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.