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Showing Category: tax
Bristol Property Market: Is it Time to Stamp Out Stamp Duty?
Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak (quickly followed suit by the Welsh and Scottish Governments), announced last July that Stamp Duty was partially being suspended on all English property transactions up to £500,000 […]
Portsmouth Property Market: Is it Time to Stamp Out Stamp Duty?
Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak (quickly followed suit by the Welsh and Scottish Governments), announced last July that Stamp Duty was partially being suspended on all English property transactions up to £500,000 […]
Bristol Landlords and Second Homeowners will Probably Save Money from the Proposed New Capital Gains Tax changes
Yet, if the proposals were adopted in full, some Bristol landlords would pay £11,000 less Capital Gains Tax than they would currently The government borrowed £394bn this financial year (April ‘20 to April ‘21). This figure does not include the cost of November lockdowns and support measures, which means the final bill will probably be […]
Cardiff Landlords and Second Homeowners And The New Capital Gains Tax
The government borrowed £394bn this financial year (April ‘20 to April ‘21). This figure does not include the cost of November lockdowns and support measures, which means the final bill will probably be over half a trillion pounds, these billions will ultimately need to be paid back to cover the cost of Coronavirus. The Office […]
THE PROS & CONS OF BECOMING A LANDLORD IN CARDIFF
The buy-to-let market in Cardiff is about to enter a challenging 12 to 24 months. Yet by looking back at the last recession and what is happening now, there are vital lessons all Cardiff landlords can learn to protect themselves, and in fact create opportunities for themselves both in the short term and ultimately the […]
Bristol OAP Homeowners to Face Coronavirus Tax Bill?
The Government is on track to borrow £400bn because of Coronavirus and that needs to be paid back at some stage. Last year alone, before Coronavirus, the Government brought in £824 billion in taxes whilst they spent £887 billion, meaning they had to borrow £63 billion. In fact, the last time taxes were higher than […]
Portsmouth Landlord’s £32.5m Tax Bill
I am asking Penny Mordaunt and Stephen Morgan the Conservative and Labour (respectively) MP’s for Portsmouth North and Portsmouth South to remind the Chancellor Sajid Javid and Prime Minster Boris Johnson to use their persuasive skills to highlight and take a more holistic approach and attitude to the private rented sector and tackle issues which affect […]