Rishi Sunak 'will implement a stamp duty cut immediately' - News Summed Up

Rishi Sunak 'will implement a stamp duty cut immediately'


AdvertisementRishi Sunak will not delay a stamp duty cut slated for his mini-Budget tomorrow after warnings that the housing market would be wrecked for months. Sources told MailOnline that there would not be any delay in the implementation of a stamp duty cut. Economist Julian Jessop urged the Treasury to 'stop flying kites' over potential cuts in both stamp duty and VAT. Mr Hammond said cutting stamp duty was undoubtedly 'one tool in his tool box' which Mr Sunak could choose to use tomorrow. What is Rishi Sunak likely to announce on stamp duty?


Source: Daily Mail July 07, 2020 07:20 UTC



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