Welsh Land Transaction Tax introduced

Welsh Land Transaction Tax introduced

The Welsh Land Transaction Tax introduced (LTT) was introduced from 1 April 2018 and will replace Stamp Duty Land Tax (SDLT). LTT will be collected by the Welsh Revenue Authority (WRA). HMRC has published guidance on the introduction of the new tax and the way in...
Accidentally Becoming a Landlord

Accidentally Becoming a Landlord

You may not think of yourself as a landlord – but do HMRC? Accidentally Becoming a Landlord is easier than you think. From time to time, HMRC run campaigns targeted at specific business sectors to help people bring their tax affairs up to date if they have...
Using the Lifetime ISA to buy a first home

Using the Lifetime ISA to buy a first home

Lifetime ISAs could be opened by individuals from April 2017 but it is only now that a reasonable number of providers exist. Is using the Lifetime ISA to buy a first home right thing for you, or if not you, your children? Adults under the age of 40 are able to open an...
6 April 2017 – Attention Landlords

6 April 2017 – Attention Landlords

It was almost two years ago in the Summer Budget 2015 that the then Chancellor, George Osborne, announced restrictions to income tax relief for interest costs incurred by landlords of residential properties. The proposals became law in November 2015 but it is only...