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2013 Budget Review

March 26th, 2013

George Osborne was always going to be on a hiding to nothing with this one, especially from the contractor community. He started by boldly announcing that “this is a budget for those who aspire to work hard and get o

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Labour bid to introduce mansion super tax defeated

March 13th, 2013

This week a motion presented to the House of Commons by Labour MP’s, to introduce a mansion tax on high value UK properties, was defeated after voting concluded. The mooted plan to introduce a new levy on properties

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HMRC to chase unpaid taxes for second home sales

March 6th, 2013

HM Revenue and Customs are to begin enforcing heavy tax fines on current and historically undeclared profits from the sales of second homes and buy to let properties. As part of the proposed penalties, HMRC will offer leni

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Lib Dems election plans could alter retirement plans

February 21st, 2013

As part of new plans to be unveiled during the Liberal Democrats spring party conference, Vince Cable was questioned this week on the news that the party are considering championing a super tax on second property holders.

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Base rate held again, as good news continues

February 7th, 2013

The Bank of England have again decided to maintain the status quo with the underlying rate of interest in the UK, as well as pausing with any further economic stimulus via quantitative easing. The economy continues to show

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