Martin Lewis has highlighted how Stamp Duty and other tax changes will affect millions of households in the UK. The Money Saving Expert founder has been keeping his fans up-to-date with the latest news as the cost of living crisis worsens.
The finance guru is known for his switching and money-saving tips, but recent events have left even him at a loss on advising those who are struggling, as reported by Liverpool Echo. With the cost of living crisis worsening, many of us are trying to find ways to save money where we can as food and energy prices soar.
On Friday Chancellor Kwasi Kwarteng unveiled a "new growth plan" - part of which will see Stamp Duty cut. The nil rate band will be doubled from £125,000 to £250,000.