Hunt includes stamp duty freeze in election promise
Chancellor Jeremy Hunt has announced a pledge not to increase stamp duty as part of the Conservatives' election campaigning.
Writing in the Telegraph, Hunt says the 'family home tax guarantee' will also ensure the number of council tax bands stays the same, as well as promising to maintain private residence relief - meaning homeowners do not pay capital gaints tax on their main home when sold.
Hunt urges the Labour party to follow suit in their own election campaigning, adding:
“I am throwing down the gauntlet to Rachel Reeves [the Labour shadow chancellor] and Sir Keir Starmer to join us in this pledge. This isn’t party political point scoring. I actually want to see the Labour Party say they will put families first and higher taxes second.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Buy-to-let
The Mortgage Works launches sub-3% buy-to-let rates
HSBC
HSBC launches new sub-4% mortgage rates
Inflation
Base rate cut 'now certain' as inflation falls to 2.6%
Tax
HMRC rule change set to impact millions of landlords and sole traders
HSBC
HSBC launches over two dozen sub-4% mortgage rates
April Mortgages
April Mortgages launches 7x loan-to-income lending
