How will the Stamp Duty and other budget changes Impact your Property Investments? 🏡

Published: Fri, 11/01/24

Updated: Fri, 11/01/24

Discover Your Home’s Worth After the Budget

Kier Starmer's impact on the UK Property Market

Hi ,

Chancellor Rachel Reeves’ Budget statement this week highlighted tax hikes for both WORKING individuals and British businesses.

Stamp Duty for those purchasing second homes will increase to 5%.
Threshold at which first-time buyers pay the tax will also drop back, from £425,000 to £300,000
Social housing providers to be allowed to increase rents above inflation under multi-year settlement
For basic taxpayers, CGT rates have risen to 18%, and for higher taxpayers this has risen to 28%.Capital Gains Tax has remained the same for residential proeprty.
Point at which house buyers start paying stamp duty on a main home to drop from £250,000 to £125,000 in April, reversing a previous tax cut

Free - (Updated) Stamp Duty calculation for BTL

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