Category: UK Budget
Understanding Stamp Duty in the UK: What You Need to Know Ahead of Potential Changes
Stamp Duty Land Tax (SDLT) is a tax paid by individuals purchasing property or land in England and Northern Ireland. With the UK budget announcement scheduled for October 30th, 2024, prospective buyers are keenly watching for any changes that could affect their tax liabilities. This article will explain what stamp duty is, how it currently...
Read MorePotential Right to Buy Changes: A New Path to Homeownership for Tenants
With the UK Budget announcement on 30th October fast approaching, there is growing anticipation around possible reforms to the Right to Buy scheme. If the government moves to expand or enhance this policy, it could open up new opportunities for social housing tenants to step onto the property ladder and achieve their dream of homeownership....
Read MoreUnderstanding Inheritance Tax in the UK: What You Need to Know Ahead of the Autumn Budget
Inheritance Tax (IHT) is a tax paid on the estate of someone who has passed away, and it’s an important factor in estate planning for families across the UK. With the government’s upcoming Autumn Budget announcement, there is growing speculation that changes could be on the horizon. It is important to understand the current rules...
Read MorePotential Minimum Wage Increase: A Boost for Young People and Aspiring Homeowners
With the UK Budget announcement set for 30th October, many are eagerly awaiting updates on the potential rise in the National Minimum Wage. If the government moves forward with increasing the minimum wage, this could have a significant impact on the financial well-being of young people and those on low incomes—particularly for those aspiring to...
Read MoreWhat to Expect from the UK Budget
Your Guide to the October 30th Announcement On 30th October, the UK government will announce its annual Budget, a crucial event that shapes the nation’s economy for the coming year. Whether you’re a business owner, homeowner, or simply managing your personal finances, the UK Budget can have a big impact on your daily life. But...
Read More