The Autumn Budget 2017

Phillip Hammond gave his first Autumn Budget since the switch from the annual Spring Budget. It was heavy on reduced growth figures and deficits further in to the future blamed, in the main, on the vote to leave the European Union.

Here are some of the key points from our detailed newsletter.

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The Autumn Budget 2017

Philip Hammond gave his 2nd Budget as Chancellor on 22 November 2017. The Government’s original targets have been shredded and it is expected that the books will now not come in to Annual Balance until the mid 2020’s. The Chancellor did announce some big spending plans setting up various agencies to support new businesses and also considering ways to force the big house builders to start building on their land banks. There are also moves to force owners of empty properties to get them occupi...

November 24, 2017

VAT flat rate scheme – a gravy train that has hit the buffers

A lot of clients and small businesses have taken advantage of the VAT Flat Rate Scheme....

March 1, 2017

Stamp duty alert

Since April 2016, purchasers of a second residential property (or any company residential property) will be aware that there is a premium of 3% on the stamp duty payable over the usual rates. One thing to be aware of here, is that the legislation says that you pay this if you own another residential property. What has not be widely publicised, is the fact that if you are married, you are treated as one person for the purpose of these rules. Even if you don't own a residential property and your...

February 22, 2017

Changes to mortgage interest relief

Well the day is soon dawning for the changes to the deductibility of interest for landlords. There have been a lot of scare stories in the press so I thought it prudent to set the record straight about what is happening and who is impacted....

February 15, 2017

The Autumn statement 2016

Phillip Hammond gave his first announcement since being appointed Chancellor on 23 November 2016. It was heavy on reduced growth figures and deficits further in to the future blamed, in the main, on the vote to leave the European Union. Here are some of the key points from our detailed newsletter:...

February 8, 2017 Posts 1-5 of 5 | Page
 

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