Construction output is expected to rise by 2.5 per cent this year, according to a trade body survey.
300% council tax increase for second homes in Wales
From next year, some owners of second homes in Wales could pay up to four times their current rate of council tax. Currently, councils can charge a council tax premium of up to 100% for second homes. However, the government has announced their plan to increase it to 300% from April 2023. The increase is […]
Tourists asked to check if holiday let is affecting the housing crisis
With summer in full swing, many families are beginning to plan their annual holidays. For many, this means renting a holiday home in one of the UK’s popular tourist destinations. However, tourists heading to the southwest of England are being urged to check prior to travelling if their rental will worsen the area’s affordable housing […]
Housing shortage causing tenant bidding wars
Tenant bidding wars have become increasingly common as the number of homes available to rent has failed to keep pace with demand. This shortage of rental properties has led to landlords receiving multiple applications for every vacancy, and in some cases, tenants are even willing to pay above the asking price in order to secure […]
Will taxing landlords at the source become the norm?
Under a proposed new scheme aimed at reducing rental fraud, letting agents and property websites would collect and report tax on behalf of landlords. This proposal has been met with firm opposition by finance professionals and landlords. It has also raised many questions about data privacy and who would be liable in the case of […]
Changes to R&D tax credits regime introduced
New changes to the research and development (R&D) tax credits regime have been announced, with an estimated 90,000 companies benefiting.
Government urged to act as labour shortage continues
The recruitment crisis across the country shows no sign of abating, according to a survey from a top business body.
Seven ways to grow your business
Before we dive into seven ways to grow your business, it is important to ensure you have the following factors in place:
Do you owe Capital Gains Tax on your property sale?
With the regulations surrounding Capital Gains Tax and property sales constantly shifting, many homeowners and their advisers may not realise that they owe tax on the disposal of a property.