Reform of residential property stamp duty so that rates apply only to that part of the property price that falls within each band:
The Government has confirmed that it has scrapped plans to introduce the Inheritance Tax (IHT) settlement Nil Rate Band and replace it with new rules to be announced in next week’s Finance Bill.
Spouses and civil partners will be able to inherit their deceased partner’s ISAs and retain the tax advantages.
The Chancellor confirmed the new pension death benefit rules to be introduced in April 2015:
According to the Chancellor, George Osborne, the UK is the fastest growing economy in the G7.