Autumn Statement – Stamp Duty Land Tax Update
At present we only have the Chancellor's speech, the Blue Book and Treasury statements to work from and they are very sketchy. What we know is that the increase in Stamp Duty Land Tax will apply to Buy to Let and Second Homes and it is effective from 6 April...
Autumn Statement – Changes Affecting Property Investors
Today, 25 November 2015, the Chancellor of the Exchequer George Osborne has delivered his Autumn Statement which contains yet more tax changes targeted at Property Investors. The changes do not go as far as was originally anticipated but they will still be yet...
Property Flips and the Construction Industry Scheme (CIS)
Now you may have read the title to this blog and be wondering what property flips have to do with the Construction Industry Scheme (CIS). If that is what you are wondering then you definitely need to read on. Many people think that buying a property in disrepair and...
Property Flips – Avoid the Pitfalls
With the proposed changes to the relief for mortgage interest in the Summer 2015 Budget many current and new property investors are looking at property flips as a way to make money from property. If you are considering this then there are many issues which you need to...
The End Of The 10% Wear and Tear Allowance Is Not All Bad News
When George Osborne presented the Summer 2015 Budget he did not mention anything about the withdrawal of the 10% Wear and Tear Allowance. However both the Red Book and the Green Paper included this. For those of you with furnished properties you may be despairing at...
Summer 2015 Budget – What To Do
The first thing to do is not to panic. The main changes do not start to kick in until 2017 and won’t be fully implemented until 2020 and a lot can change by then. After all before 8 July 2015 no one expected these changes. So sit down relax and have a cup of...