Official Contractor UK Budget Thread 2017

[jamesbrown]

Huh, so nothing on IR35. Need to check the red book for a consultation.

[Tasslehoff]

Can we start referring to each other as 'my right honorable friend' when quoting each other's posts from now on?

Can I reffer the right honorable gentleman to the answer I gave moments ago.

[SueEllen]

Stamp duty abolished up to 300k, permanentl, for FTBs.

Time for me to more house

[eek]

Wow. That is huge!!

Up north that's virtually every house on the market...

[jamesbrown]

Pretty good Budget for spreadsh!t Phil, which he needed.

[bobspud]

Bloody hell the Labour party are silent! Did someone just mug them??

[Pip in a Poke]

Stamp duty abolished up to 300k, permanentl, for FTBs.

No.

Hammond says he is abolishing stamp duty for first-time buyers for properties worth up to £350,000.
And people buying a home worth up to £500,000 will not have to pay stamp duty on the first £350,000. He says this is to help people in markets like London.

[TheCyclingProgrammer]

Stamp duty abolished up to 300k, permanentl, for FTBs.

Nice headline tax break, but in reality does a £5k tax cut really address the problem of first time buyers not being able to afford property (down south anyway)?

[quackhandle]

qh

[jamesbrown]

Time for me to more house

Also, no duty on first 300k of a house up to 500k, aimed at FTBs in London/SE.