Property News · June 4, 2022

It’s a top Tory ploy: so why hasn’t Rishi Sunak cut stamp duty? | Phillip Inman


Firing up the property market with a tax break is usually the Conservatives’ go-to tactic in times of trouble. But the chancellor must have his reasons…Boris Johnson’s government, out of ideas and beyond its sell-by date, is stuck in a rut. With the economy heading south as inflation ravages household incomes, there is a sense among Tory MPs that the chancellor should have something more up his sleeve.Yet all the Treasury can offer them is a looped tape of Rishi Sunak’s 2021 budget speech, when he laid out spending plans that were immediately submerged by the cutbacks and tax rises his fiscal conservatism demanded. Continue reading…

Source : theguardian.com
Read more…It’s a top Tory ploy: so why hasn’t Rishi Sunak cut stamp duty? | Phillip Inman

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