Business > Markets

Rishi Sunak could AXE stamp duty for six months on homes up to £500k in boost for housing market

11 monthes ago   |   By The Sun


Read more ...

 

House buyers could see stamp duty axed on homes up to £500,000

House buyers could see stamp duty axed on homes up to £500,000

11 monthes ago   |   By Metro

House prices fell at the lowest rate in 11 years in May
A six-month stamp duty holiday could be introduced by the Government in a bid to boost the struggling housing market.
The threshold at which people start paying the property tax is £125,000, but it is thought Chancellor Rishi Sunak will raise this when he delivers the autumn budget. The new limit would be in place for six months to make it easier for people to buy a home and is expected to be anywhere between £300,000 and £500,000.
Currently first-time buyers are exempt from stamp duty on homes under £500,000 in London and £300,000...
Read more ...

 


Search by Tags

   Markets      Home      News      Politics      Coronavirus      UK      Travel      Holidays      Property      People      Tax      Boris Johnson      Business      Economy      Property prices      Rishi Sunak  


Brexit breakthrough: EU states sign off on massive deal for UK - huge boost...

Brexit breakthrough: EU states sign off on massive deal for UK - huge boost for business

EUROPEAN Union nations have backed plans to maintain personal data flows with Britain in another significant post-Brexit agreement. Read more ...

Villa life for remote workers for £495,000

Villa life for remote workers for £495,000

If you are on the lookout for a home with space to work remotely then this striking period property in Co Antrim could be for you. The house comes with a ready-made business... Read more ...

Angelina Jolie Might Be Pulling A Bennifer With Ex-Husband Jonny Lee Miller

Angelina Jolie Might Be Pulling A Bennifer With Ex-Husband Jonny Lee Miller

Bennifer reuniting has apparently torn a hole in the celebrity ex space time continuum just large enough for every other former couple with unfinished business to stroll... Read more ...

Taqa handing in Cormorant Alpha decommissioning plans

Taqa is handing in the decommissioning programme for the removal of the Cormorant Alpha topsides in the UK northern North Sea. Read more ...

Retail sales fall as UK hospitality reopening hits food spending - business live

Rolling coverage of the latest economic and financial news Retail sales fell unexpectedly in Great Britain in May Food store sales volumes dropped 5.7% last month ONS: feedback... Read more ...

Return of inflation boosts financial stocks: The funds that are well...

Return of inflation boosts financial stocks: The funds that are well positioned to ride the recovery

Financial stocks were among the hardest hit at the start of the pandemic but as the economy starts to reopen, they could be well placed to capitalise on value rotation and... Read more ...

‘Never an option' - Sporting director rubbishes links with outgoing Real...

‘Never an option' - Sporting director rubbishes links with outgoing Real Madrid star Sergio Ramos

After weeks of speculation and the eventual apparent acceptance of Real Madrid's new contract offer, Sergio Ramos will, finally, not be continuing his playing career at the... Read more ...

After blowing $300bn, US shale finally makes money

Marathon Oil Corp. used to represent everything that was wrong with U.S. shale: enormous debtloads, lavish executive pay and a seeming willingness to spend whatever it took to... Read more ...

World-class talent available this summer could be Arsenal bound for as...

World-class talent available this summer could be Arsenal bound for as little as £7m

It isn't often that a world class footballing talent is available for as little as £7m, but this summer could see precisely that occurring, and with Arsenal as chief... Read more ...

Van Morrison chant turns Robin Swann into the victim

The economy is on life support, the health service is barely functional and Stormont teeters on the verge of collapse. Read more ...