Today (6th March) the government just announced some new changes in the budget.

The key changes are:

1. VAT threshold to increase from £85k to £90k

2. Capital Gains Tax on residential property - reduce the higher rate from 28% to 24%

3. Multiple dwellings relief to be abolished

4. Property taxation - they are abolishing the furnished holiday lettings regime

5. National Insurance next year being reduced - will save average employee £450 per year