In recent years it has been clear to see there has been a rise in the number of properties that are left to stand empty or have been abandoned. Such is the problem; the government has brought forward a proposal called ‘Right To Regenerate’ which would allow people to convert […]
Understand Tax As A Property Investor And Developer
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)?
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
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 […]
Can the government bring about the tax reforms property investors are calling for?
With Britain expected to depart the European Union by October 31 and still no deal in place, it’s fair to say now is a sensitive time in British politics. However, negotiating Brexit is not the only major challenge confronting the new Prime Minister, Boris Johnson. The British economy, while hardly […]