HMRC is working out 2016/17 tax codes ready for issue in early 2016. Changes to dividend and other investment income tax rates, plus a new system for taxing benefits might mean radical changes to your code. What’s the full story?
The right code
The amount of tax you pay on your salary etc. depends on your code […]
This week I have had several conversations again this week with clients on this subject following the autumn statement. So I thought it would be usefull to share some information on it.
This article is a useful one which helps explain the new second home / landlord 3% stamp duty.
http://news.rla.org.uk/stamp-duty-land-tax-how-will-the-hike-affect-me/
If you have any questions about your […]
HIGHLIGHTS
In the first combined Spending Review and Autumn Statement since 2007, the Chancellor’s emphasis was on expenditure. He nevertheless made a range of tax-related announcements, the main ones being:
Stamp duty land tax (SDLT) From 1 April 2016 SDLT rates will be increased by 3% for the purchasers of buy-to-let and second homes. From April 2019, […]
To avoid the loss of tax relief on loan interest you’re considering using a company to enter into the buy-to-let market. However, a colleague says this will mean extra tax charges compared with personally owning properties. Is he right?
Buy-to-let tax relief
The buy-to-let market continues to grow and despite ups and downs over the years it […]
