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The Government's first budget since leaving the EU

The Government's first budget since leaving the EU

Market News Default Author 10th March 2020

  • Rishi Sunak, the newly appointed Chancellor of the Exchequer will deliver the government’s first Budget since leaving the EU this week, 2019 the first year in over a century that no Budget took place.
  • Headlines for the housing market may well include changes to Stamp Duty Land Tax, support for first-time buyers and housebuilders and a continuation of reforms for the private rental sector.
  • Originally touted as a Budget set to ‘level up’ and ‘unleash’ the UK economy, plans for protecting the nation and the economy during the coronavirus outbreak look likely to take centre stage.
  • The Budget speech will commence around 12.30pm and usually lasts in the region of an hour. The longest however was by William Gladstone in 1853, taking 4 hours and 45 minutes!

     

    What is going to happen to Stamp Duty on the 11th March?
    https://www.sawbridgeworthpropertyblog.co.uk/what-is-going-to-happen-to-stamp-duty-on-the-11th-march/

  • Want to book a free video or in person advice meeting ?
    https://www.mackayproperty.co.uk/advice-meeting

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