May 20, 2021 | Newsletter
The government-funded scheme will provide 80% of LCF bondholders’ initial investment (LCF went bust in early 2019) up to a maximum of £68,000 and will be available to all LCF bondholders who have not already received compensation from the Financial Services...
May 18, 2021 | Newsletter
In a political move designed to address concerns that overseas buyers are pushing house prices beyond the means of UK residents, the Government has introduced new legislation that will add an extra 2% to the tax payable on such purchases. The Government have...
May 16, 2021 | Newsletter
The Nationwide Building Society last month announced its 13,000 office workers would be given the choice of where they work from. Auditing giant PwC also recently told employees that they can spend around half their working hours at home and end shifts early on...
May 14, 2021 | Newsletter
The government has shied away from any immediate overhaul of the way trusts are taxed, stating that it will instead review specific areas on a “case-by-case” basis for now. Having consulted on how such vehicles are taxed between 7 November 2018 and 28 February 2019,...
May 12, 2021 | Newsletter
Second home-owners face a clampdown over a tax loophole that can save them money by claiming the properties are available for holiday lets. Currently 60,000 properties classed as holiday lets are liable for business tax rather than council tax, which in the vast...
May 10, 2021 | Newsletter
Freedom of Information figures show parents could lose at least £260 a year at retirement because of a simple misunderstanding in child support eligibility. In these couples, it is the higher earner that is claiming child benefit – but transferring it to the lowest...
