Stamp Duty has risen to 5% for residential properties valued at more than £1m from today, but the increase will not seriously affect the housing market, experts have said. Continue Reading »

The first-quarter rebound in the UK economy was weaker than expected, a survey suggests, adding to a growing consensus the Bank of England should again delay raising interest rates this week. Continue Reading »

Industry is urging the Bank of England’s Monetary Policy Committee (MPC) to leave rates on hold at Thursday’s decision-making meeting. Continue Reading »

Overall personal insolvencies dropped slightly in 2010, but increased among the middle classes, research has shown. Continue Reading »

Rising unemployment and high inflation will lead to a debt crisis for thousands of UK households over the next five years, a debt charity has warned. Continue Reading »

Mansion tax will be increased to offset scrapping the 50p income tax rate, Deputy Prime Minister Nick Clegg has said. Continue Reading »

George Osborne is looking at scrapping the 50p top rate of tax in his 2013 Budget, as evidence mounts that individuals are going to great lengths to avoid the levy.  Continue Reading »

The Chancellor announced a clampdown today on the tax rules associated with Stamp Duty in a bid to claw back revenue lost from high value property sales. Continue Reading »

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