As Chancellor Rishi Sunak today confirms during the Spring Budget 2021 that the Stamp Duty Holiday deadline has been extended, we bring you reflection and commentary from some of the property industries leading figures on what they have heard coming out of parliament. Government support for coronavirus continues UK to […]
Managing the Impact of Capital Gains Tax Following a Property Sale
In identifying ways to cover the considerable costs brought about by the pandemic of 2020, Chancellor Rishi Sunak has suggested a substantial raise in the amount of tax levied on capital gains. Higher-rate taxpayers will be amongst those who are hit hardest, if this report is to come to fruition. […]
What Is Stamp Duty Land Tax (SDLT)?
How the stamp duty holiday will reignite the buy-to-let market
The buy-to-let market has become increasingly frustrating for landlords in recent years. The phasing out of buy-to-let tax relief, combined with a ban on letting fees, deposit limits and a raft of other regulations, caused many to consider whether to invest. This hesitation naturally became heightened during the lockdown as, […]
SDLT Holiday Announced
Positive news coming out of the Houses of Parliament today as Chancellor Rishi Sunak raises the threshold for paying Stamp Duty from £125,000 to £500,000 on property until March 2021. Here what the experts have to say… Tim Hyatt, Head of Residential at Knight Frank, commented: “Moving house has a […]
‘Mind the (knowledge) Gap’ in Stamp Duty
How to Maximise Landlord Expenses: Revenue v Capital Expenses
Avoid Inheritance Tax and CGT when passing buy to let properties to your children
SDLT and its impact on London Property Investment
Taxation of jointly owned property income
The vast majority of UK properties are privately owned by individuals, many having been purchased as an investment rather than as a main residence. The private investor landlord is taxed on the amount of letting income received less allowable expenses incurred on a fiscal year basis, as well as on […]