Comments by "PutinPussyRiot" (@ruzziasht349) on "Muslims in Britain do not have to pay Stamp Duty like everybody else when they buy a house" video.

  1. Yes, Muslims in the UK, like all other individuals, are required to pay Stamp Duty Land Tax (SDLT) when purchasing property, provided the property value exceeds the government-set thresholds. The tax applies to anyone buying property in England and Northern Ireland, regardless of their religion. How Stamp Duty Works: Stamp duty is a government tax applied to property purchases, and its rate depends on the property's value, type (residential or commercial), and whether it's a first home or an additional property. The thresholds and rates may change, so it's important to check current guidelines on the government website. Islamic Considerations: Some Muslims, due to religious beliefs, prefer Islamic finance options when buying property. These options comply with Sharia law by avoiding interest (Riba), which is prohibited in Islam. In these cases, buyers may use products like Islamic mortgages (also known as Home Purchase Plans), which operate differently from conventional mortgages. Important to Note: In the past, there were concerns about Muslims paying stamp duty twice under Islamic finance agreements. This issue has been addressed through specific tax provisions, ensuring that buyers using Islamic finance don’t pay extra stamp duty compared to conventional mortgages. However, the stamp duty itself still applies in accordance with standard rules.
    1