Gordon Brown has proposed a clamp down on stamp duty avoidance. He has also proposed to abolish stamp duty on all commercial properties in deprived areas, known as Enterprise Neighbourhoods.
This is an extension of the previous abolition of stamp duty relief on commercial properties valued up to £150,000.
He is also introducing a new community investment tax credit to encourage the likes of residential conversions and development of flats above shops in these areas.
This will result in the investment of £40 million in deprived areas.