BBCNEWS BBC News at One June 4, 2024 12:03:00
Earning more than £150,000 a year, is being abolished. there are immediate changes to stamp duty, paid when buying a property in england and northern ireland. the threshold is being raised, meaning no tax will be paid on the first £250,000, and that figure will be £105,000 for first—time buyers. the planned increase in corporation tax — the amount companies pay on their profits — is being scrapped, so it will remain at i9%. and the cap on bankers�* bonuses, which had limited them to twice someone�*s annual salary, is also being axed. labour says the government's plan is based on "...