ICAEW's Tax Faculty's provides a summary of the announcements on stamp taxes in the Autumn Budget 2021.
Taxation of securitisations and insurance-linked securities
The government is to be given the power to make changes to stamp duty and stamp duty reserve tax in relation to securitisation and insurance-linked securities so that it can be more flexible in responding to these evolving markets. This power will apply from Royal Assent to Finance Bill 2021-22.
Tax Faculty
This guidance is created by the Tax Faculty, recognised internationally as a leading authority and source of expertise on taxation. The Faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.
Budget webinar
The Tax Faculty reflected on the Chancellor's announcements in this essential webinar. Freely available, watch the recording to find out what the Autumn Budget 2021 could mean for you and your clients.
More on Autumn Budget 2021
Read the rest of the Tax Faculty's summary of the tax related announcements in the Autumn Budget on 27 October 2021.
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