23 June 2020
The Chancellor is looking for simple tax measures to boost the economy after coronavirus. We suggest a Stamp Duty Land Tax change which would help older people maintain independent living while reducing intergenerational inequality.
31 January 2018
According to the government’s quarterly stamp duty statistics, the additional 3 per cent Stamp Duty Land Tax (SDLT) charge aimed at people buying second homes or buy-to-let properties raised £2.05 billion stamp duty in 2017.
04 July 2017
HMRC’s generous rent-a-room scheme offers households the prospect of tax-free income from letting spare rooms during the Wimbledon tennis tournament and other summer events. But if receipts exceed the £7,500 limit and no tax return is filed, then the sweet taste of strawberries and cream may become very bitter when the taxman catches up with them.
26 October 2016
With the scrapping of pension annuity sales confirming that Theresa May’s government is prepared to reverse some of the policies of her predecessors, we ask whether the landlord tax changes might succumb to the new Chancellor’s hatchet in the Autumn Statement.
13 September 2016
Recent statements by the Chancellor of the Exchequer Philip Hammond suggest a willingness to overturn some of the piecemeal changes put forward by his predecessor and to take a broader view of the UK fiscal system. So what can we expect at the Autumn Statement? We suggest five areas that the Chancellor may wish to tackle.
09 March 2016
With the referendum on the UK’s EU membership now set for 23 June, the Chancellor is coming under increasing pressure not to rock the boat with more tax hikes on Budget Day.