UK PM set to bring in cut to stamp duty, private wealth sector reacts

UK Prime Minister Liz Truss is set to bring in plans to cut stamp duty ahead of Friday’s ‘mini budget.’ Stamp Duty Land Tax (SDLT) is a ‘bad tax’ according to Jeremy Raj, national head of residential property at law firm Irwin Mitchell.

In an article for EPrivateclient, legal director, Lorna du Sautoy, comments on the planned cut in light on the cost-of-living crisis and the current period of high inflation.

To read the article in full, please visit EPrivateClient website.