Consumer confidence rises despite uncertainty over economy

People feel more confident about their personal finances but still have concerns about the state of the economy. According to GFK’s consumer confidence index, most people report a rise in confidence in the past year with forecasts predicting further growth in the next 12 months. However, expectations for the economy have decreased over the last[…]

Higher stamp duty rates for buy-to-let property

Stamp duty land tax (SDLT) on additional properties such as buy-to-let investments and second homes will be 3 percentage points higher than current SDLT from April 2016. Corporate properties and properties in Scotland (which are subject to land and building transaction tax) are not affected by the new rules. The new rates will not apply[…]

Minimising inheritance tax

A guide to changes to the inheritance tax nil-rate band and strategies to reduce your liability. We all like to think that our nearest and dearest will lament our passing with fond memories. It would be sad to think that after the initial period of mourning has passed, kind words turn to bewilderment when your[…]

Self-assessment: an introduction

The what, when, how and why of completing your self-assessment tax return. At the end of the year, most people have other things on their minds than tax returns. It would be a stretch to say it’s an enjoyable experience, but getting self-assessment done and dusted as early as possible removes the stress of a[…]