A Complete Guide to Stamp Duty Refund
The UK government imposes Stamp Duty Land Tax (SDLT) on the acquisition of land and properties over a specified threshold value. SDLT is a crucial aspect of property transactions, often representing a significant expense for buyers. However, many may not...
HMRC Launches Campaign: UK Crypto Investors Tax Risks
In a bid to ensure tax compliance among the burgeoning crypto community in the UK, HMRC has launched a targeted campaign, sending out over 8,000 advisory letters to crypto investors as the self-assessment deadline looms. The move is part of...
Unleashing Profit Potential in UK Property Flipping
This comprehensive guide equips you with the knowledge needed to master the art of property flipping in the UK, balancing risk, and reward for a successful venture in the dynamic real estate market. Evolution of Property flipping In recent years,...
Freemasons’ £2.8m VAT Case Loss: Legal Battle
The United Grand Lodge of England (UGLE), the world’s oldest Grand Lodge of Freemasons, recently faced a setback in its appeal for a £2.8m VAT refund on membership fees. The case revolved around UGLE’s contention that it should be exempt...
Tribunal Ruling Exposes Scheme to Cut SDLT Bills
In a recent ruling by the Upper Tribunal, property owners utilising a tax avoidance scheme to cut Stamp Duty Land Tax (SDLT) bills have been held liable. Dating back to property purchases as early as 2010, buyers employed a marketed...
Landlords Grapple with Section 21 Abolition in 2024
In a recent survey conducted by Zero Deposit, the anxieties of landlords echo loudly, with the abolition of Section 21 evictions emerging as the paramount concern for 2024. This pivotal legislative change, part of the Renters (Reform) Bill, is triggering waves...
Unlocking Property Freedom: 2024 Changes for Homeowners and Renters
2024 is poised to reshape the landscape of the UK property sector, driven by pivotal legislative changes announced in the recent King’s Speech. Let’s dive into two landmark bills, the Leasehold and Freehold Bill and the Renters (Reform) Bill, set to...
Navigating Homeownership: A Deep Dive into No Deposit Mortgages in the UK
A full purchase price mortgage covers the entire amount needed for property acquisition, such as a £250,000 loan for a £250,000 property. Commonly known as a no-deposit mortgage or 100% LTV mortgage, it highlights covering the property value entirely. Qualifying...
Bolt’s Legal Victory: Potential £500M Repayment for Uber
In a significant turn of events, Estonian start-up Bolt has secured a legal triumph against HM Revenue and Customs (HMRC) in a tax tribunal, raising the possibility of Uber reclaiming almost £500 million. This win comes as a boost for...
