Back to blog

Autumn Statement

Posted on 17th November 2022 at 13:30
.... and so it continues ...  
 
The (current) Chancellor, Jeremy Hunt, today presented the Autumn Statement. 
 
Some of the tax changes, of particular note for property owners, as follows; 
 
Stamp Duty cuts, announced in September, will now end on March 31st 2025. 
 
Jeremy Hunt said “This is to help the jobs and firms that rely on the housing market through the current challenges, while strengthening the public finances in the longer term.” 
 
 
Capital Gains Tax annual exemptions to be slashed from £12,300 to £6,000 in 2023—2024, and then slashed again to £3,000 in 2024-2025 
 
Anyone planning on selling in the next 2 years or so, may now be forced to sell before April 2023 to maximise CGT allowances. 
 
The full Autumn Budget Statement can be viewed here > https://www.gov.uk/government/publications/autumn-statement-2022-documents 
 
 
Tagged as: buy to let, investor, landlord, property, tax
Share this post:

Leave a comment: 

Archives

Tags

H D Consultants. Contact details here Live Chat webpage here Broker Log In / BrokerCentre here 
 
Head Office address; 109 Maldon Road, Colchester, Essex CO3 3AX (Administration Centre only) 
 
Your home may be repossessed if you do not keep up repayments on your mortgage. 
 
We normally charge a Professional Client Fee for mortgage advice. The amount will depend on your circumstances. A typical fee would be £500. The actual Professional Fee may be more or less than this, and is subject to a full Fact Find discussion and research process. H D Consultants is a trading name of Howard Reuben who are an Appointed Representative of PRIMIS Mortgage Network, a trading name of Personal Touch Financial Services Ltd. Personal Touch Financial Services Ltd is authorised and regulated by the Financial Conduct Authority.. Registered Office: Preston House, 163 High Street, Crowthorne, Berkshire, RG45 7AF. Registered in England & Wales. Company Registration Number 4952586. This site is for UK Consumers only. Website Terms and Conditions click here for our Privacy Policy. GDPR Privacy Policy - click here (PDF download / view) This site contains third party links. By clicking these links you will depart from the H D Consultants' regulated site. H D Consultants nor PRIMIS Mortgage Network is responsible for the accuracy of the information contained within the linked site. The Financial Conduct Authority does not regulate some of the services listed. H D Consultants, mortgage and life insurance advisers, is authorised by the FCA no 403701. Our in house Wills and Trusts Practice is a long standing Member of the Society of Will Writers and Estate Planning Practitioners.  
FP Ref: 1436009 / exp 25.08.2025 
Long established, recognised and national nominees and award winners for our professional mortgage services; 
Website Privacy Policy - Company Privacy Policy - How To Complain - Cookies