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Stamp duty land tax The stamp duty nil rate band on residential properties in England up to £500,000 will continue until the end of June. It will taper to £250,000 until the end of September, and then return to the usual level of £125,000 from 1 October. Land and buildings transaction taxes are devolved to Scotland (Land and Buildings Transaction Tax (LBTT)) and Wales (Land Transaction Tax (LTT)). Stamp Duty Land Tax (SDLT) applies to transactions in England and Northern…

2021 Budget – the key points Pledging to support UK jobs following the coronavirus (COVID-19) pandemic, Chancellor Rishi Sunak presented the 2021 Budget on Wednesday 3 March. The Chancellor used the Budget to extend the Coronavirus Job Retention Scheme (CJRS) until 30 September; announce the eight freeport locations in England; unveil an increase in the rate of corporation tax to 25%, which will apply in 2023; and much more. Here, we take a look at these measures in greater detail.…