The Federation of Master Builders and the National Federation of Builders
have described the confirmation of a stamp duty holiday as ‘sticking plaster’.
Following yesterday’s announcement by Treasury of the 12 month stamp duty
suspension and subsequent loss in taxes, many have criticised the plans for not
going far enough.
Richard Lambert, director-general of the CBI, warned that the changes to
stamp duty would come at a cost and ‘may turn out to be largely symbolic’.
In addition to the stamp duty holiday, the government also announced a £1bn
mortgage package aimed at restoring the flailing property market.
The Council of Mortgage Lenders said the package could help ‘some vulnerable
customers’ and welcomed the extension of income support for mortgage interest.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy