Rob talks about the potential introduction of inheritance tax and stamp duty cuts in the upcoming autumn budget, speculating on the impact these cuts could have on the housing market, with the possibility of stimulating demand and increasing prices.
KEY TAKEAWAYS
There are rumours that inheritance tax and stamp duty cuts could be introduced in the upcoming autumn budget, which could potentially impact the housing market.
The introduction of inheritance tax cuts could be beneficial for many individuals, as it can help avoid unexpected tax burdens.
The potential cuts in stamp duty could stimulate the housing market by boosting demand and potentially increasing prices.
However, the effectiveness of stamp duty cuts in stimulating the housing market may be limited due to other economic factors such as mortgage costs and legal fees.
BEST MOMENTS
"There's some murmurings at the moment, apart from David Cameron being back in office which has surprised a lot of people."
"Inheritance tax cuts could be introduced... Sometimes you can get stumped by IHT without even realising."
"Stamp duty cuts will be quite interesting if they were to happen... that could give the housing market a bit of a boost."
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ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US
https://linktr.ee/thepropertynomadspodcast
uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast
