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UK’s Sunak: To temporarily cut stamp duty tax on home purchases up to £500,000

July 08, 2020 at 01:00PM

UK’s Sunak: To temporarily cut stamp duty tax on home purchases up to £500,000
UK to increase the stamp duty threshold to 31 March 2021
– VAT on hospitality and tourism to be cut from 20% to 5% for the next 6 months
– In August, we will give everyone an eating out discount
This adds to the other job retention measures announced , and was already earlier in the day
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