George Osborne resisted the temptation to increase the inheritance tax (IHT) threshold, as many had hoped he would in the run up to his autumn statement. Instead, he said he would exempt emergency workers, and humanitarian aid workers from future IHT bills if they are killed in active service.
In October David Cameron said he believed the “hated death duty”, as it has been dubbed by the Daily Mail, should be paid by only the very wealthy, leading some to suggest he would raise the threshold from its current rate of £325,000. The Conservatives proposed raising the threshold to £1m before the 2010 election. The threshold has not been increased since 2009.
Millions of Isa savers were given a surprise boost after the chancellor abolished the “death tax” on the popular accounts.
Isas can now be passed on to a spouse tax-free, George Osborne said in the autumn statement. Previously the Isa tax “wrapper” passed away with its owner, and the money that had been sheltered became liable for income and capital gains tax.
Two of Britain's biggest housebuilders will re-enter the FTSE 100 later this month following the latest reshuffle of the blue-chip index.
Barratt Developments and Taylor Wimpey will replace two stocks hit by the recent sell-off in commodities.
The companies' shares have gained 30% and 20% respectively this year on the back of Britain's rising property market.
George Osborne has said stamp duty will be cut for 98% of homebuyers in his Autumn Statement to the Commons.
The chancellor said that from midnight the current system, where the amount owed jumps at certain price levels, would be replaced by a graduated rate, working in a similar way to income tax.
Bicester in Oxfordshire has been chosen as the site for the coalition's second new garden city, the government has confirmed.
Up to 13,000 new homes are due to be built on the edge of the town, as part of the coalition's plans to help deal with the UK's housing shortage.
"I can confirm the government is putting its support behind Bicester," a Treasury spokesperson told the BBC.
Five million people in England and Wales who own their flats should be given new rights, the Competition and Markets Authority (CMA) has said.
During its eight-month study, the CMA found that many leaseholders suffer from excessive charges or poor service by property managers.
It concluded there should be new laws to help flat owners get rid of bad property managers, by a majority vote.
More than 1,400 flood defence projects are to receive funding to protect 300,000 homes, the Treasury has said.
The £2.3bn investment, which is not new money, will help prevent £30bn damage in areas including the Thames and Humber Estuaries in the next six years.
The Land Registry's house price index shows an annual price increase of 7.7 per cent which takes the average property value in England and Wales to £177,377 - but with rises dwindling in recent weeks.
House prices are up only 0.1 per cent since September. The region which experienced the greatest increase in its average property value over the last 12 months is of course London with a rise of 18.6 per cent. The east of England, however, experienced the greatest monthly rise in September with a movement of 1.6 per cent.
Opt in here