The economy depends on many factors to be able to remain stable and to ensure public confidence. Much of these factors rely on a delicate balance and it is far more complicated than can be offered with a simple explanation. One of the factors that can have a big impact of the economy and consumer confidence is the rate of unemployment. It has recently been announced by the Office for National Statistics that the number of unemployed in the UK has increased in the last three months to September to 4.1%. In the two months previous, the ...
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If you’re in the process of purchasing a property or moving house you’ll probably want to know how much, if any, stamp duty you’ll be required to pay. Since December 2014, after the Chancellor George Osborne’s change in the way Stamp Duty Land Tax was applied, the system now operates by a graduated rate, similar to that of Income Tax. Prior to the changes Stamp Duty Land Tax was based on the price that you paid for the property and the Stamp Duty percentage was applied to the whole value. This meant that a house selling for ...
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