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TAX RATES - TAXES ON HOUSES

Mortgage Interest Relief 1998-9 1999-2000 2000-2001
Up to first 30,000 of qualifying loan 10% 10% Withdrawn

Stamp Duty 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04
Property valued at up to 60,000 NIL NIL NIL NIL NIL NIL
Property valued at 60,000-250,000 1% 1% 1% 1% 1% 1%
Property valued at 250,000-500,000 2% 2.5% 3% 3% 3% 3%
Property valued at 500,000+ 3% 3.5% 4% 4% 4% 4%

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