Welcome to the November issue of BlackStar Wealth News.
The highlight of the Chancellor's mildly expansionary package was a new stamp duty land tax relief for first time home buyers (outside Scotland). As long as the consideration for the property is no more than £500,000, first time buyers will pay no SDLT on the first £300,000 and above that they pay the normal rates.
It is worth noting that the Scottish Budget will be published on 14 December when their income tax plans for 2018/19 will be announced.
We lead this month with an overview and summary of the Chancellor's Autumn budget; if you have questions about the summary's contents or how any aspects of your tax and financial planning may be affected by the Budget please do not hesitate to contact us about this or any other subjects raised in this this month's issue of Wealth News.
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