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Tax on buy to let properties

Do you pay Stamp Duty tax on a buy to let property? Yes. Stamp duty (or Stamp Duty Land Tax (SDLT) to give it its full name) is payable on a buy to let property. The amount varies depending on the price of the property. The current rates of stamp duty from 1st April...

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Foreign governments increasingly rely on HMRC

The Revenue received 24% more requests for assistance from overseas governments with probes into taxpayers from overseas jurisdictions last year A freedom of information (FOI) request from law firm Pinsent Masons found that a total of 2,015 requests had been made to...

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Dementia Tax’ set to be SCRAPPED

Controversial Tory plans to reform social care are to be axed as part of a delayed Queen’s Speech, David Davis indicated yesterday. Conservative MPs have urged ministers to scrap the manifesto proposals for a ‘dementia tax’, which are blamed for wrecking Theresa May’s...

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