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Ian Marlow
As expected, in the Spring Budget 2024 , the Chancellor has found wriggle room in his fiscal rules that have allowed him to please his fellow Conservatives by reducing the impact of taxation. Not an unfamiliar tactic for a government in a general election year. The impact of tax changes announced in the Spring Budget 2024...
The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions to be treated as a trade for tax purposes. In order to qualify as a furnished holiday letting, the following criteria need to be met: The property must be let on a commercial basis with a view to the realisation of profits....
One in seven UK adults have never checked their pension; and more than a fifth of pension savers admit they don’t check their pensions annually because they don’t know what they should be doing. While it’s not essential to monitor your pension as frequently as your bank account, it’s advisable to periodically assess how much is...