Stamp Duty Holiday Extended Until 30 June
The UK Chancellor has confirmed in his Budget today that the £500,000 threshold for stamp duty will remain in place until 30 June. Under the temporary rules, homebuyers in England and Northern Ireland can continue to benefit from a higher threshold for stamp duty on house purchases. The tax break can see some homebuyers save […]
Furlough Scheme Further Extended to September
The UK Chancellor has confirmed in the 2021 Budget that the Coronavirus Job Retention Scheme will be further extended until September 2021. The furlough scheme has been subject to earlier extensions. Most recently, it had been scheduled to end in April, following a planned phase out as government contributions were set to decrease gradually in the […]
8 New Freeports Set to Launch in England in 2021
Eight new freeport sites are to be launched later this year in England. The sites will be at East Midlands Airport, Liverpool, Felixstowe, Humber, Plymouth, Thames, Teesside, and Solent. Freeports are international gateways offering a number of benefits to businesses operating on the sites, including “more generous tax reliefs, simplified customs procedures and wider government […]