Coronavirus Job Retention Scheme Extension

CJRS EXTENDED 80% WAGES FOR ALL PAYROLL EMPLOYERS What’s new in the support available • CJRS has been extended to 31 March 2021 for all parts of the UK. From 1 November, the UK Government will pay 80% of employees’ usual wages for the hours not worked, up to a cap of...

UK Interest Rates And Property Mortgage

Interest rates and its effects on property sector The Bank of England has raised the interest rate. The rate has risen to the highest level since March 2009. While the decision means that the 3.5 million people with variable or tracker mortgages will pay more, the...

Capital Gains Tax

Capital Gains Tax (CGT) is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value. It is often referred as voluntary tax. The tax that you need to pay when you make a gain after selling of an asset, not the amount of money...

Let Property Campaign HMRC

Let Property Campaign is a scheme introduced by HMRC to landlords who have not declared property income and pay appropriate taxes. This give opportunity if you’re an individual landlord letting out property in the UK or abroad so to bring their tax affairs up to date...