CGT and SDLT reforms not outlined during ‘Tax Day’

CGT and SDLT reforms not outlined during ‘Tax Day’

Anticipated reforms to Capital Gains Tax (CGT) and Stamp Duty Land Tax (SDLT) haven’t materialised after HM Treasury released a large sum of tax document proposals and consultations this afternoon.

In the documents, the government has outlined a number of proposals and consultations around property related taxes which include:

  • A residential property developer tax
  • Valuing holiday lets for business rates

In a statement describing consultations and the government’s long-term tax reform, a statement reads:

“[The Government] set out how HMRC will deliver the flexible, resilient and responsive tax system the UK will need in the years ahead. The strategy focuses on delivering a fully digital tax system that works closer to real time, is fair and builds trust – allowing taxpayers to pay the right tax with ease as they live their lives and go about their business.”

 

Jennifer van Deursen

Jen is the Senior Media Officer for Today’s Conveyancer, Today’s Wills & Probate  and Today’s Family Lawyer.

Having gained a degree in Multimedia Computing, Jen fell into a content role after successfully applying for a job at Cheshire Police. During her 6-year service, she took on the role as personal Press Officer under the first Police and Crime Commissioner for Cheshire and worked in the busy press office for the force.

Jen has experience in the marketing and communication sphere, which stems from her time in the public sector, private care sector and now here at the Practical Vision Network, where she can utilise her skills and challenge herself further.

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