Amidst the soaring demand for holiday lets as the UK prepares for a staycation boom this summer, inquiries for tax advice from customers considering buying a second property are also rising.
How do you fix a housing crisis that has its foundations in policy decisions that go back decades? Unsurprisingly, there is not one answer.
Tax changes and the pandemic have given landlords a rough-ride over the last couple of years, with many throwing the towel in altogether.
Housebuilders, Vistry Group, have announced that despite the impacts of the pandemic, adjusted pre-tax profits were ahead of expectations in 2020.
Specialist lender, West One Loans, has announced that it has strengthened its second charge mortgage range, including the return of 85% loan-to-value for prime borrowers.
Continued demand for housing, regardless of the stamp duty holiday, has seen a surprise rebound in annual house price growth, according to this morning's data released by Nationwide.
About 300,000 property purchases in England could benefit from a three-month extension in the stamp duty holiday, it has been estimated, as reports suggest the chancellor could be set to prolong the tax break in next week’s budget.
As speculation grows surrounding the possibility that the chancellor, Rishi Sunak, will change capital gains tax rates in the Budget next month, the National Residential Landlords Association has described the tax hike as a "Kick in the teeth" for property investors.
Four-and-a-half years since the public voted to leave the European Union, the UK and EU agreed on a Brexit deal on 24th December 2020.
According to accountants and business advisors, Moore, new data from HMRC shows that the number of buy-to-let landlords with between five and nine properties fell to 157,000 last year, down from 159,000 the year before.
A tax specialist has warned homeowners who rent out another property that they must prepare ahead of a ‘game-changing’ tax change.
One of the Conservatives’ key election pledges has been to cut business rates. In many ways, this is understandable, given the significant financial burden they represent for many small companies, especially retailers.
Professor David Miles says Stamp Duty increases and mortgage relief reductions have not helped first time buyers get onto the property ladder, as the government hoped.
The government is planning to create up to 10 free ports across the UK after Brexit.
They allow firms to import goods and then re-export them outside normal tax and customs rules.
Free market reforms are needed to increase the supply of homes for sale in the UK to help tackle the nation’s housing crisis, according to a new academic paper published by a right wing think tank.
Smaller landlords have been increasingly disincentivised by recent tax and regulatory changes, with expansion of the Private Rental Sector (PRS) in the UK potentially topping out, a new report suggests.
Tenants would not pay council tax and owners with gardens would be a higher amount, under plans being discussed by the Labour Party.
The Chartered Institute of Taxation (CIOT) is calling for the aims and use of private residence relief to be reviewed in terms of how it affects the proceeds of the sale of homes.
Labour leader Jeremy Corbyn has called for “radical change” after a new book suggested half of England is owned by less than 1% of its population.
Hundreds of thousands of first time buyers have benefitted from stamp duty relief but overall the amount of money raised by the property tax in the UK, excluding Scotland, has fallen, official figures show.
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