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Story perspectives

Small Business Owners Urge Government to Scrap Stamp Duty

11/25/2025

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Story summary
  • Wesley Thorne (52) and his wife Toni from Bristol want the UK government to scrap stamp duty, saying it adds £15,000–£20,000 to moving costs.
  • They run a small online sweet shop and market stall, earning around £60,000 annually.
  • Rising costs, including sugar prices and business rates, have strained their business.
  • Thorne advocates raising the VAT registration threshold from £90,000 to ease financial pressures.