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Treasury increases stamp duty threshold by 50K for one year

The Treasury has unveiled a stamp duty holiday that will see the threshold property value lifted by £50,000 to £175,000 from tomorrow until September 2009.

Until now the threshold property value for the tax was £125,000.

The move will provide an exemption from stamp duty land tax for land transactions consisting entirely of residential property sold for £175,000 or less.

This relief will apply to transactions with an effective date on or after September 3 2008 and before September 3 2009.

The decision follows mounting pressure on the Government to take action to reinvigorate the housing market.


Lenders face court action over Meafs

The FSA is warning that lenders which continue to vary the terms of the charges within their mortgage contracts may face enforcement or court action.

Auto enrolment – so far so good?

Jamie Clark – Business Development Manager The recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report. Auto enrolment in numbers Sources: Pensions Policy Institute, The Future Book: Unravelling […]


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