Budget 2025: Government to hike property income tax rates by 2%
Budget 2025: Government to hike property income tax rates by 2%
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🔑 IMPORTANT: SDLT Changes Coming in April 2025 As an estate agent, I want to make sure you’re prepared for the upcoming changes to Stamp Duty Land Tax (SDLT). Here’s what you need to know before they take effect on April 1, 2025: 📉 New SDLT Rates: • 0% on the first £125,000 (down from £250,000). • 2% on the portion between £125,001 and £250,000 (new band!). • 5% on the portion between £250,001 and £925,000 (unchanged). • Higher rates remain the same for properties above £925,000. 💸 Impact on
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