Monthly Archives: December 2014

New rules for stamp duty

The process of buying a house has undergone an overhaul with the wholesale reform of the stamp duty system. Before the changes implemented in the 2014 Autumn Statement, stamp duty was paid at a single rate on the entire price of the property. While 75% of house purchases in England and Wales incurred stamp duty… Read more »

Key points of 2014 Autumn Statement

Chancellor George Osborne has updated MPs about the state of the economy in his last Autumn Statement before the general election. Here are the main points in his 50-minute speech: State of the economy UK fastest growing economy in the G7 3% growth forecast in 2014, up from 2.7% predicted in March 2.4% growth forecast… Read more »