Understanding the Impact of ECCTA 2023 on Overseas Entities
Master ECCTA compliance for overseas entities with our guide, covering address updates, UK land disclosure, and trust transparency. Get specialized support from UK Property Accountants to navigate the complexities seamlessly.
Surge of Investor Interest Transforms UK Property Market Dynamics
Amidst recent challenges, a notable shift in the UK property market is underway as a wave of new investors enters the scene. Reports indicate that despite higher rates and regulatory risks, these cash-rich investors are undeterred by the depreciating market,...
The King’s Speech: UK Government Unveils Bold Vision for 2023
In the King's Speech 2023, the UK Government outlines key priorities, including economic growth, education reforms, and international collaboration on climate change and security, charting a path toward a prosperous future.
Overseas Entity notice-failure to register penalty warning notice
Companies House warns Overseas Entities of penalties for failing to register by January 31, 2023, under the Economic Crime Act. Non-compliance within 28 days may result in severe penalties, emphasizing the importance of timely transparency and compliance in business.
UK Rental Market Faces Supply-Demand Imbalance, Predicts 4% Rent Increase
The UK rental market anticipates a 4% rise in rents over the next year due to a supply-demand imbalance, with tenant demand moderating and a decline in landlord instructions. The RICS report also highlights challenges in the broader housing market,...
Londoners Face Homelessness Crisis as Housing Benefit Freeze Takes Toll
Up to 60,000 London renters could face homelessness by 2030 if the government doesn't lift the housing benefit freeze, warns a report by London Councils. Urgent calls are made to increase the Local Housing Allowance (LHA) in the upcoming Autumn...
Breaking News on VAT Registration: HMRC Shifts to Online Process from November 2023
HMRC announces a digital shift for VAT registrations in the UK, moving away from paper forms. The user-friendly online system aims to streamline processing, with over 95% already using it, promising efficiency gains and quicker turnaround times.
Financial Publisher Euromoney Wins £10.5 Million Corporation Tax Dispute
Euromoney prevails in a £10.5 million tax dispute with HMRC as the Court of Appeal rejects HMRC's claim, highlighting the legality of tax-driven transactions for genuine commercial reasons. The case underscores the importance of strategic tax planning within legal boundaries.
Challenges in UK Property Market: Buy-to-Let Concerns Amidst Changing Dynamics
In the ever-changing UK property market, landlords are expressing concerns over shrinking buy-to-let profits. A recent survey sheds light on the worries of over 60% of landlords, highlighting the challenges faced in the rental sector. The survey reveals a significant...
