Many people ask what is SDLT/Stamp Duty Land Tax and we have the answers thanks to David Hannah of Cornerstone Tax Advisors who has provided us with this short video to explain. If you buy property or land in England or Northern Ireland over a certain price you must pay […]
During periods of market volatility, investors look to assets to be able to quickly recover from downturns and provide long-term, stable returns on investment. With COVID-19 incurring an unprecedented level of global uncertainty, this exact process is currently playing out. As countries overcome the initial impact of the COVID-19 pandemic, […]
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, […]
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 […]
Whether you’re upgrading to a bigger home, investing in a BTL property to bolster your pension, or acquiring a commercial premises, chances are that the amount of Stamp Duty Land Tax (SDLT) that you pay on the purchase isn’t at the top of your priority list. Securing a mortgage, arranging […]
A new year, a new decade, a new government. At the start of 2020, there are reasons for optimism within the property sector – most notably, there is a feeling that some of the issues that have plagued the industry over recent years could be resolved. In fact, just two […]
Even though the London property market is currently in slowdown, prices remain some of the highest in the country. This obviously puts pressure on affordability and this pressure is increased by the cost of Stamp Duty Land Tax, which can be very expensive for residential buyers and even more so […]
Primas Law is calling on UK property developers and landlords to seek advice about potential stamp duty rebates on ‘uninhabitable’ second properties after a landmark tribunal case. A recent ground-breaking case, between P N Bewley Ltd and HMRC, held that properties that are not immediately habitable at the time of […]
The Tax Insider Team considers the drawbacks of the popular property holding company structure – and considers a possible alternative. Of course, there are other reasons, not related to tax, why you might want to set up a limited company to hold a property portfolio. But we’re going to stick […]
At some point in your property journey, you’re going to be paying tax – perhaps even a lot of tax if everything goes to plan – so over the next few weeks we’re going to be thinking about taxes. Whilst probably not your favourite subject, tax does play a vital […]
