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Rishi Sunak risks backlash as self-employed warned of 'painful tax rises'


| UPDATED: 08:49, Tue, Feb 2, 2021
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Mr Sunak has received praise for the furlough scheme and other support measures designed to keep people afloat during the pandemic. However, the self-employed have piled pressure on the Chancellor as The Self Employed Support Scheme (SEISS) has still left millions without extra support. The fourth SEISS grant has already been announced and will cover the period from February until April 2021 – following three extensions since April 2020. But some details surrounding how much the grant will cover remain unknown, b ....

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Bitcoin hits record high as it soars past $28,500


30 Dec 2020 in 16:35
Bitcoin continued to break new ground on Wednesday, soaring over $28,500.
Bitcoin rose over 5% against the dollar to hit a record high of $28,506.46 (BTC-USD) in early trade in London.
The all-time high means bitcoin has jumped by 46% since the start of December, Yahoo Finance UK reported.
For 2020, the cryptocurrency is up almost 300%, among increased interest from institutional investors, and worries over the inflationary impact of this year’s huge coronavirus-related stimulus packages.
“Bitcoin has increasingly seen demand from larger U.S. investors, in particular, attracted by its perceived inflation-hedging qualities and the potential for quick gains, as well as expectations it would become a mainstream payments method,” according to Reuters. ....

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What are the chances of buying a home before the stamp duty deadline?


What are the chances of buying a home before the stamp duty deadline?
Tom Belger
A woman wearing a protective face mask passes an estate agents window in north London. Chancellor Rishi Sunak has confirmed temporary plans to abolish stamp duty on properties up to 500,000 GBP in England and Northern Ireland as part of a package to dull the economic impact of the coronavirus. Picture date: Sunday July 12, 2020.
The stamp duty holiday announced in July fuelled a boom in the property market in England and Northern Ireland, sending average UK prices to record highs in 2020.
But the tax cuts, which mean buyers pay no stamp duty on the first £500,000 of a property’s sale price, are only a temporary measure and end on 31 March next year. ....

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