Hello and welcome to our June news round-up.
As always, there’s plenty to update you with this month from the new ban on tenant fees to the delay of digital accounts for individuals. If you have any questions about the topics discussed this month, give us a call and we’ll be happy to help.
Monthly Blog
The taxing side of moving house
There have been so many recent shake-ups on property taxes, we’ve produced an up-to-date guide on what you’ll have to pay next time you pack. Don’t move home without it! If you’re thinking of buying your first home, or upsizing or downsizing into somewhere new, you...
read more
MPs say that the over-40s should be taxed to fund elderly care costs
MPs have said that the over-40s in England should pay a new tax to help cover the ever increasing cost of providing care for the elderly. Two influential House of Commons’ committees called for the introduction of a social care premium, which would also see retirees...
read more
Landlords open to tax breaks for long-term tenancies
It has just been announced that the government is considering introducing tax incentives for landlords who offer longer tenancies. The Ministry of Housing, Communities and Local Government has launched a consultation on implementing a three-year tenancy model which...
read more
Contractors criticise ‘flawed’ IR35 test
A contractor group has slammed HMRC for omitting mutuality of obligation in an online tool which has been designed to assess an individual’s employment status. Mutuality of obligation requires employers to provide ongoing work for an employee, who then has...
read more
Stamp duty tax break saves first-time buyers £284m
It has been revealed that Philip Hammond’s decision to abolish stamp duty land tax (SDLT) for most first-time buyers on all properties worth up to £300,000 saved homeowners £284 million in the first half of 2018. This works out at an average saving of £2,337 per...
read moreWe hope you have enjoyed reading this month’s news. If you have any queries or concerns, please don’t hesitate to give us a call or get in touch online.
We would like to contact you with relevant updates such as legislation updates and news that’s important for you and your business. However, due to changes in EU data protection regulations (GDPR) in May 2018, you will need to confirm that you would like to receive these from us.
To give your consent is easy – please just click here.
