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Base rate held as BOE predict lower mortgage rates

April 3rd, 2013

The Bank of England has again held the base rate of interest at 0.5%, maintaining the lowest rate in the history of the base rate for over 3 years. This announcement follows an interesting piece of news coming out of the B... Read More

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... Read More

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 ... Read More

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... Read More

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