The Chancellor of the Exchequer Rishi Sunak delivered the Autumn Budget for 2021 on 27 October 2021 and draft legislation was published on 4 November 2021 in the Finance Bill. The majority of the Budget announcement were focused on recovering the economy from COVID-19’s impact and preparing the UK marketplace to be competitive in a post Brexit world, with limited changes to the real estate sector.
Continue Reading Autumn Budget 2021: Real estate focused updates
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Real Estate Focused 2021 March Budget Updates
By Simon Rose, Kitty Swanson & Emma Noehrbass on
Posted in Tax, United Kingdom
SDLT break extended
The temporary increase of the nil rate SDLT band to £500,000 will continue until the end of June 2021. From 1 July to 30 September 2021 the nil rate band will sit at £250,000. Above £500,000, the standard SDLT rates and thresholds remain in force.
The holiday will not just benefit individual…