Interest Rate Rises Impact UK Household Wealth, Say Experts
This article discusses the recent decline in total household wealth in the UK, attributing it to the surge in interest rates, impacting house prices and pension funds, and explores the potential implications for different age groups and regions.
UK Housing Market Report Overview: July 2023
The UK's July 2023 Housing Market Report reveals a 0.6% annual price increase, though regional disparities persisted, showing growth in Northern Ireland and varied challenges in English regions. Economic factors like mortgage rates influenced buyer demand, shaping the evolving landscape...
A Complete Guide to Tax on Rental Income UK
This article provides a detailed guide on the taxation of rental income in the UK, covering aspects such as the calculation of tax for individual landlords, changes in interest relief, reporting requirements to HMRC, and specific considerations for limited companies...
What are the Changes in Corporation Tax Rates from April 2023?
In this article, we delve into the upcoming changes in UK corporation tax rates effective from April 2023. The new structure introduces a small profits rate of 19% for profits up to £50,000, escalating to 26.5% for profits ranging between...