Oct 18, 2020 | Newsletter
Tax hikes of up to £20 billion are reportedly being considered by the Treasury to deal with the cost of the coronavirus crisis. But the plans, potentially a “quintuple whammy” of tax rises, are being opposed by Number 10. Treasury officials are hoping the...
Oct 15, 2020 | Newsletter
Around 6.3 million children born between 1 September 2002 and 2 January 2011 can now begin to be able to access billions of pounds paid into Child Trust Funds when they turn 18. These tax-free savings accounts were set up for all children born throughout most of the...
Oct 12, 2020 | Newsletter
Chancellor Rishi Sunak has told Conservative MPs that he plans to hike taxes, although was quick to reassure that there will not be a “horror show with no end in sight”. It comes as the Government begins to make moves towards overcoming the devastating...
Sep 29, 2020 | Newsletter
The Supreme Court has ruled that there should be no charge to inheritance tax on a transfer to an individual’s personal pension plan. The case was brought to the Supreme Court when Mrs Rachel Staveley who, before she died in 2006, transferred her pension fund from a...
Sep 26, 2020 | Newsletter
Lenders are introducing new rules that mean first-time home buyers cannot rely on the “Bank of Mum and Dad” stumping up most of the cash for their deposit. The controversial new policy states that borrowers looking to get a mortgage that will cover 90% of the cost of...
Sep 23, 2020 | Newsletter
Government restrictions on tenant evictions by landlords are to be lifted on 23rd August but experts say there is unlikely to be an immediate spike on evictions following new eviction protocols and a backlog of cases. The government introduced its moratorium on tenant...
