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...
UK Housing 2024: Price Drop Expected, Rents Rising
As analysts and lenders project a potential downturn in UK house prices and a persistent rise in rents for 2024, the dynamics of the housing market are poised for a significant shift. Let’s delve into the insights and forecasts shaping...
National Insurance and Income Tax Changes 2024
In a recent announcement during the Autumn Statement, Chancellor Jeremy Hunt revealed a significant cut in National Insurance (NI) for approximately 29 million workers. While this news may bring relief to many, it’s essential to understand the broader context of...
Understanding UK Tax on Foreign Income
In an era of global mobility, many individuals find themselves working, investing, or residing in countries beyond their homeland. As the world becomes increasingly interconnected, so do the implications for taxation. For residents and non-residents in the United Kingdom, the...
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...
Overseas Property Registration Surpasses 30,000 Registrations
In a remarkable achievement, the Overseas Property Ownership Register, overseen by Companies House, has surpassed 30,000 registrations within a year since its launch in August 2022. This milestone underscores the global standard it sets for transparency, compelling anonymous foreign property...
Strategic Accounting Measures to Navigate Section 455 Tax Charges on Director Loans
Embarking on a financial journey through the intricacies of director loans and navigating Section 455 tax charges requires strategic acumen. In this financial labyrinth, experts unveil a nuanced approach that introduces a breath of fresh air—leveraging accounting adjustments to create...
2024 Rental Market: Experts Optimistic Amidst Challenges
In light of a challenging year with escalating rents and limited housing options, industry experts foresee a more positive outlook for renters in 2024. Data from housing specialists indicates a potential recovery in the 2024 rental market, with the ratio...
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