HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
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The Scottish government is to cut the rate of its devolved Land and Buildings Transaction Tax (LBTT) from this week, after Chancellor Rishi Sunak announced a limited time reduction in stamp duty land tax (SDLT), as part of plans to revitalise the housing market.
The threshold at which LBTT begins to be paid will rise from £145,000 to £250,000 on 15 July and remain in place until 31 March 2021, the same deadline as the changes in England and Northern Ireland.
Read more at the Accountancy Daily.