If you read our post of last week, Property Tax Changes, you will be aware that the Chancellor recently confirmed – as part of his Spring Budget – that the present tax advantages that owners of Furnished Holiday Let (FHL) property enjoy will be abolished from April 2025. While a deadline in a year’s time…
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Journey out of debt
Hopefully, this post will be of help to individuals that find themselves in debt and are struggling to keep up with repayments. It’s interesting to consider how easy it is to get into debt and how difficult to get out of debt. In times of rising prices and high interest rates the temptation to use…
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Is this a good time for property owners?
The recent Spring Budget did little to make the life of those letting, buying or selling property any easier. For example: The reduction in the higher rate of CGT on affected property sales from 28% to 24%. The removal of multiple dwellings relief for Stamp Duty Land Tax purposes. These competing changes must make life…
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Stand out from the crowd
It’s interesting to consider the challenges that are plaguing small businesses at present. For example: A frustrating inability to reestablish profit levels to fund investment or to maintain the living standards of employees and shareholders. Cash flow constantly hovering at zero or at overdraft limits. Having to witness the slow decline in profits retained in…
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