Inheritance Tax – The threshold has been frozen for 4 years at £325,000
Capital Gains Tax - Stays the same at 18%. Therefore any gains of more than £10,100 are taxed at 18%
Stamp Duty - The good news is that there is no Stamp Duty payable over the next two years for all first time buyers purchasing a house costing up to £250,000. The bad news is that Stamp Duty for all purchases of property over 1 million will be increased to 5% from April 2011