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The Chancellor is thought to be considering cutting stamp duty in the final autumn statement in an effort to underline the Conservatives’ tax-cutting methods. Jeremy Hunt is considering increasing the threshold at which homebuyers pay stamp duty from £250,000 to £300,000, The Times reported. The move is believed to cost £3billion a year by 2028-29. It would mean around half of people buying a house would no longer need to pay stamp duty, saving up to £2,500. Michael Gove, the levelling-up secretary, has previously pushed for Hunt and Sunak to make a ‘bold offer’ on housing. He supports cuts to…

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