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flag UK homebuyers rush to avoid higher stamp duty taxes by completing purchases before March 31.

flag UK homebuyers are rushing to complete purchases before March 31 to avoid higher stamp duty taxes. flag The nil-rate threshold for stamp duty is dropping from £250,000 to £125,000, increasing the average tax bill on a typical home from £2,028 to £4,528. flag January stamp duty receipts rose by £40 million as buyers try to beat the deadline, with experts predicting continued increases in tax collections as the deadline approaches.

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