SDLT on second homes or buy-to-let properties will be 3% above current rates
Dividend Taxation is completely revamped. A new tax free allowance of £5,000 will be introduced, and then a basic rate which will be taxed at 7.5%, a higher rate band which will be taxed at 32.5% and the ones in the additional rate band will be taxed at 38.1%
General Anti Abuse Rule (GAAR) procedures will be improved to enable HMRC to tackle marketed avoidance schemes with a new 60% penalty being introduced
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