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The Guardian is reporting Angela Rayner has now paid £40,000 of extra stamp duty, but HMRC accepted she wasn't "careless" and so she didn't pay a penalty. (opens in new tab)

The Guardian is reporting Angela Rayner has now paid £40,000 of extra stamp duty, but HMRC accepted she wasn't "careless" and so she didn't pay a penalty. On the public facts, that’s hard to understand. Here’s why: The background, in short: 1. Ms Rayner sold her remaining interest in her Ashton-under-Lyne family home to a trust set up for her disabled son, and bought a flat in Hove. 2. She paid stamp duty at the standard rate of around £30,000.3. Stamp duty is 5% higher if you are buying a se...

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