BREAKING NEWS Bank of England have just cut interest rates by a .4% to 4.75%. This continues the falls from their height of 5.5%, and will relieve some pressure on borrowers. Andrew Bailey, Governor of the Bank of England, said: “Inflation is just below our 2 per cent...
Rachel Reeves has finally given her maiden budget speech after much speculation and debate over what constitutes a ‘working person’ and whether increasing employer NI contributions would be a breach of the Labour manifesto. So, what changes have been announced and how...
Will the Inheritance tax reforms in the budget affect pensions in probate? HMRC released the following on their site on 30th Oct ‘Autumn Budget 2024: the government announced several measures to reform Inheritance Tax. This included a measure to bring most...
It could have been worse… Whilst the PRS was bracing itself for a gutting budget, Reeves actually delivered a budget that didn’t specifically single out landlords for horrific tax rises. Let’s look at the highlights that affect landlords directly....
The time to claim capital allowances on your FHL is now As predicted, the government is still going ahead with their plans to remove the tax advantages that current furnished holiday let owners enjoy. The proposed revisions include: applying the finance cost...
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