A Guide to Autumn Budget 2017

Autumn Budget 2017Philip Hammond presented the Autumn Budget on 22 November 2017 and set out a number of actions the government will take including more housebuilding. The main attention grabber was that first time buyers will not have to pay stamp duty on homes costing up to … [Read more...]

A Guide to Budget 2017

The Chancellor Philip Hammond presented the Budget on 8 March 2017.In his speech he was keen to point out that he wanted the tax system to be fair, particularly in relation to the distinction between employed and self-employed individuals. He announced that he has requested a … [Read more...]

Changes To Tax Relief For Residential Landlords

From April 2017 changes to tax relief for residential landlords will be introduced. The tax relief that landlords of residential properties can claim for finance costs will be restricted to the basic rate of income tax of 20%. The change will be phased in over 4 years taking full … [Read more...]

What Can The Taxman Find Out About Your Taxable Income

HM Revenue & Customs have spent over £100 million on a new ‘Super Computer’ designed to catch those who have not paid the correct amount of tax. The new computer called ‘Connect’ gathers data from a wide range of sources and creates profiles of taxpayers’ income. The … [Read more...]