Updated Tax Rates for 2020/2021
At the Summer Economic Update on 8 July 2020, the Chancellor Rishi Sunak announced changes to Property Taxes affecting purchasers of residential property. Property Taxes have been devolved and changes have also been made to the taxes which apply across the United Kingdom.
We have updated our summary of the tax rates and allowances for 2020/21 to reflect those changes.
We hope that you will find it a useful point of reference throughout the 2020/21 tax year.
This tax card is intended for use as a quick point of reference. Should you require any further information, or have a specific enquiry, please get in touch with a member of our tax team.
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