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Rishi Sunak to 'reform' taxes in March budget - impact on IHT, CGT & wealth taxes explored

| UPDATED: 14:38, Wed, Jan 20, 2021
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Inheritance tax, CGT and other taxes may be radically overhauled in the coming months as Rishi Sunak is forced to address public spending. The Government has built up a huge debt to pay for the various coronavirus support measures and many are expecting the Chancellor to make announcements on this in the March budget. ....

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Rishi Sunak news: Chancellor to scrap stamp duty holiday in WEEKS

| UPDATED: 16:04, Fri, Jan 15, 2021
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The nine-month tax break on the first £500,000 value of home purchases was introduced by the Chancellor last July but is set to end at the end of March. The move triggered a major boom in the housing market at a time of struggle during the coronavirus pandemic but has so far cost taxpayers an eye-watering £3.3billion. Mr Sunak has come under mounting pressure to extend the tax relief beyond its initial nine-month period amid fears the housing market could suffer a disastrous crash. ....

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Martin Lewis calls on Rishi Sunak to 'finally' change SEISS fourth grant eligibility rules

| UPDATED: 07:42, Fri, Jan 15, 2021
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Martin Lewis has recently issued important guidance for the self-employed as an application deadline is quickly approaching. A third set of payments will soon be paid out and more will be forthcoming by the spring but recently on This Morning, Martin was queried on what he expects beyond this. ....

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Rishi Sunak 'has failed' - Chancellor condemned for housing benefit changes & debt issues

| UPDATED: 09:18, Fri, Jan 8, 2021
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Housing benefit can help eligible claimants cover their rent if they re unemployed, on a low income or claiming other benefits. The amount received could cover some or all of a person s rent but recently, Rishi Suank and the wider government laid out plans for how certain state benefits will be altered for the year ahead, with housing benefit set to be drastically affected. ....

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House prices hit 'astounding' highs as Rishi Sunak is urged to extend stamp duty deadline

| UPDATED: 16:35, Fri, Jan 8, 2021
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Rishi Sunak launched several support measures in 2020 to support the economy as coronavirus emerged. Chief among these changes include alterations made to stamp duty rates and currently, properties valued up to £500,000 will face no stamp duty levies, with properties valued higher than this facing reduced rates. ....

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