Stamp Duty and The Budget..

If you are buying a home in England costing more than £125,000, you will have to pay Stamp Duty Land Tax on the purchase of your new home. In the provinces, it’s called something slightly different, so if you are buying a property in Scotland over £145,000 you will pay Land and Buildings Transaction Tax […]

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Landlord Taxation ‘Clause 24’ – What does it mean for you?

What is Clause 24? Clause 24 was proposed by George Osborne in his Summer Budget on 8 July 2015 and it restricts finance cost relief for individual landlords. Companies are not affected, nor are landlords with no borrowings against their properties. The changes will be phased in gradually over 4 years, starting from 5th April 2017. By […]

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