Multiple dwellings relief for SDLT scrapped
The Chancellor announced in the Budget that Multiple dwellings relief (MDR) will be abolished for transactions which complete, or which substantially perform, on or after 1 June 2024.
Holiday homeowners could soon face double council tax
Holiday let and empty homeowners in the region could soon face higher council tax bills and bin collection charges.
Home buyers pay less stamp duty
In September’s mini-Budget the then Chancellor announced that the entry threshold for SDLT payable on residential properties would double to £250,000 for deals completed on or after 23 September 2022. This higher threshold will apply until April 2025.
Put family first for tax efficient succession planning
Businesses take years to build up with the owners spending the best part of their lives ensuring they are successful. But what happens when it is time to retire? An obvious solution is to pass on the company to family, but care should be taken to avoid a considerable tax bill.
The importance of a properly worded grazing license
Of all the legal and property agreements entered into by farmers and landowners, the lowly grazing license might seem a long way down the list of priorities. But treating it that way is false economy. A poorly worded grazing license – one that is written without any...