Earlier this week Neil MacGillivray took a view on what taxes may be implemented to subsidise the government's recent surge in Covid-19 spending but, after Wednesday's summer economic update from the Chancellor, the tax expert says Rishi Sunak is still all "give, give, give"...
I can't believe there is a TV channel dedicated to Christmas films over the summer. But maybe the season of goodwill has come early given Rishi Sunak's Summer Economic Update, as it's very much give, give, give - with no take, take, take, as there were no implied tax increases. Perhaps the most interesting news for advisers was the much-anticipated temporary increase to the Nil Rate Band of Residential SDLT (Stamp Duty) from £125,000 to £500,000 until 31 March 2021. In England and Northern Ireland, it's estimated that this change will mean that nearly 9 out of 10 people getting on or ...
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