this will be a relief to investors who will also welcome the simplification. Whilst investors in residential property will not face an increase in CGT, the SDLT surcharge on residential
Property Paif will open up access in autumnThe article reports on the plan of Hearthstone Investments to give investors access to its British residential property authorized investment fund in September 2012.Ellul...
The FSC approved 61 new applications for approved investment managers in Q2 of 2024, which brought the total number of approved investment managers to 927 as at 30 June 2024. This marked a slight decrease on the Q1 2024 number (71) but an increase from the Q2 2023 number (53). The t...
including their property, money and possessions, exceeding the minimum threshold of £325,000. The tax is only charged on the excess above the threshold, and only around 4% of estates in the U.K. are subject to it.
with knock-on damage to real consumer incomes, property markets and domestically-focused stocks. The best way to deal with a high debt burden is to grow your way out of it. Public investment should be protected and the government should explore ways to improve the UK’s woeful export perform...
For business rates, there are significant changes to the charging multiplier(s) and reduced relief for eligible retail, hospitality & leisure property. From 1 April 2025, the last year of the 2023 Rating List, the small business multiplier in England will again be frozen at £0.499...
deVere Group Pulls All UK Property Investment Projects deVere Group will temporarily close its property investment division with immediate effect. The finance firm’s Investment Director cited the “availability... Read Full Article Kwarteng’s Growth Plan – Reactions from the Commercial Property Indus...
Announcements relating tothe UK’simplementation of the OECD’s global minimum tax reforms, including that the Under-Taxed Profits Rule (UTPR) will apply from January 2025 and the Offshore Receipts in respect of Intangible Property (ORIP) rules will be ...
Lifetime Isa — that’s a tax free account where young people can save up for a housing deposit. Lots of them have been caught out by the maximum property price cap of £450,000. Now Rafe, it turned out on the day, nothing like this happened. What might we possibly get in future...
From January to September, retail sales grew by 6.8 percent year-on-year, while fixed-asset investment, including infrastructure, property, machinery and equipment, went up by 3.1 percent compared to the same period last year. Engines are exhibited at the 2023 World Manufacturing Convention in Hef...