The Stamp Duty holiday will end in October. After record-high property prices in June, reports suggest prices could start to fall but other factors are likely to play a role too.
23th March became labelled Tax Day and the focus on its contents intensified when the Chancellor avoided Budget comment on, for example, the future of inheritance tax and capital gains tax...
Winner of "Best Financial Advisors To Work For 2021" from Professional Adviser
The introduction of our Positive Impact Portfolios in April 2019 was driven by the recognition that clients were increasingly wanting their portfolios to be invested in a manner that caused less environmental harm...
our summary of the key announcements in the Budget 2020 statement, made on Wednesday 11 March, as well as our updated tax tables.
HFMC Wealth Presents - Matthew Goodwin -Brexit negotiations to date and what this means for the U.K.
Today’s ‘Economic Update’ by the Chancellor, Rishi Sunak, arrived six months and a day after the Prime Minister announced the start of lockdown on 23 March...
Summer Statement – 8 July 2020 Highlights A £1,000 Job Retention Bonus will be introduced when the Coronavirus Job Retention Scheme ends for employees who have been furloughed. A new Kickstart Scheme will cover employers’ costs for new six-month work placements for trainees aged 16-24. A £1,000 payment will be made to employers for each 16-24-year-old on work placement and training. Employers who hire new apprentices will receive payments of up to £2,000. There will be a temporary cut to Stamp Duty Land Tax on residential property, increasing the zero-rate band to £500,000 and saving purchasers up to £15,000. The rate of VAT will be cut temporarily from 20% to 5% for restaurant, food, accommodation and attractions businesses. An ‘Eat Out to Help Out’ Scheme will offer 50% meal discounts during August. Introduction Source: OBR The Chancellor, Rishi Sunak, has spent so much time in the spotlight that it seems hard to believe he has not yet been in the job for five months. Today’s Financial Statement was just the latest of a series of announcements by Mr Sunak since he presented his Spring Budget on 11 March, four weeks after entering 11 Downing Street. One way or another, all [...]
The first half of 2020 has been dominated by the coronavirus crisis, with the global pandemic having a dramatic impact on personal freedoms, economic projections and financial markets.