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LATEST BUDGET NEWS

  1. Inheritance Tax – The threshold has been frozen for 4 years at £325,000
  2. Capital Gains Tax - Stays the same at 18%. Therefore any gains of more than £10,100 are taxed at 18%
  3. 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

25 March 2010 

 
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