Will There Be Tax Relief in the Autumn Statement?

Will There Be Tax Relief in the Autumn Statement?

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of tax reforms on business leaders, focusing on the extension of the Funding for Lending scheme and potential changes to stamp duty. It explains the current slab system of stamp duty and its implications for first-time home buyers. Proposed changes include a shift to a progressive tax system to alleviate the burden on first-time buyers. The video also covers the oil and gas sector's request for tax relief due to falling oil prices, highlighting the lobbying efforts of Oil and Gas UK.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the concerns of the construction industry regarding the current tax system?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact could changes to stamp duty have on first-time homebuyers?

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