Budget Announcement

In the recent Autumn Budget, Chancellor Rachel Reeves announced an immediate stamp duty hike impacting landlords and homeowners purchasing additional properties. What is Stamp Duty Land Tax (SDLT)? Stamp Duty Land Tax (SDLT) is a tax applied in England and Northern Ireland when you purchase property or land above a certain price. It is typically […]

Following the 2024 Spring Budget, Chancellor Jeremy Hunt has announced a raft of changes coming into effect from April 2025 for Furnished Holiday Lets. We’ll take a look below at the changes and how they’ll affect current FHL owners, or those looking to purchase a holiday buy-to-let property. 1. Capital Allowances: One of the primary

In this article, I will highlight some of the key points from the budget, including changes to tax rates and new incentives for businesses. I hope you find this summary helpful, please don’t hesitate to reach out if you have any questions or concerns. Full Expensing to replace the Super Deduction This policy will replace

After market turmoil and uncertainty, the new Chancellor resigned on Friday, 14th October. The new chancellor, Jeremy Hunt was appointed as his replacement. Many of the tax cuts originally announced in the mini budget have been reversed and we will outline these below. National Insurance National Insurance rates for employees and employers increased by 1.25%

The newly appointed Chancellor, Kwasi Kwarteng, announced a ‘mini budget’ on 23rd September 2022 under Liz Truss’ new Government. The mini budget was announced to set out the Governments key policies to help tackle the higher energy costs and inflation. Below we will be setting out details of the changes, which have been dubbed as