Budget

Sajid Javid reveals his plans to reduce income tax basic rate by 2p in the next Budget

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Sajid Javid reveals his plans to reduce income tax basic rate by 2p in the next Budget as well as cuts to stamp duty and relief for capital investment Sajid Javid said he planned a tax cutting plan which included a stamp duty cut  The former chancellor resigned during the cabinet reshuffle earlier this month  … Read more

Inheritance tax ‘loophole’ could be closed in Chancellor Rishi Sunak’s Budget 

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Inheritance tax ‘loophole’ that allows wealthy families to avoid levy by investing in farmland could be closed in Chancellor Rishi Sunak’s Budget Currently people can invest in assets and their children don’t pay inheritance tax The rules exist to allow family-owned businesses or farms to be passed on However, some critics say this is simply … Read more