Northern Rock Could House Help to Buy Loans
‘George Osborne is thought to be considering using collapsed banks Northern Rock and Bradford & Bingley to house the Government’s liabilities under the Help to
Stamp Duty Affecting £2m+ Home Sales
‘Estate agents have said that owners of homes valued at just under £2m are putting off home improvements to try to circumvent higher stamp duty.
Land tax warning
‘Private warnings to the government from major housebuilders concerned at the high rates of Community Infrastructure Levy (CIL) being set by London Boroughs, suggest that
Mortgage lending stalls
‘The British Bankers’ Association (BBA) has reported that the total number of mortgages granted in February was 6% lower than at the same time last
Land Securities avoidance ruling
‘The Times reports that Land Securities, the UK’s largest property company, tried shelter £200m through a tax avoidance scheme run by Morgan Stanley through the
Rabbits? I didn’t even know he still had the hat
For a Chancellor with no money to distribute and an economy which continues to struggle to recover from the shocks it has suffered in recent
Consultation over property funds
The Government is to consult on rule changes that could reopen the door for pension investors to hold residential property in their retirement funds. In
Osborne focuses on housing
George Osborne has used his Budget to try to drive Britain’s recovery through tax cuts for companies, support for the housing market and more aggressive
The Budget 2013
Unveiling his fourth Budget since the coalition came to power, Chancellor George Osborne promised that this would be a Budget for an “aspiration nation” which
Budget 2013: professional practices and other LLPs
The 2013 Budget statement includes two changes which may be of relevance to professional practices and other businesses using a partnership or Limited Liability Partnership