The former Chancellor’s hat at the mini-Budget last month was full to the brim with what he was keen to present as rabbits, one of which was a set of major changes to the thresholds for Stamp Duty Land Tax (SDLT).
In short, the thresholds for first-time buyers have increased from £300,000 to £425,000 on property worth up to £625,000, while for everyone else, the threshold has doubled from £125,000 to £250,000. |