One of the tax issues that the Conservative Party promised to legislate for, a promise they made during the recent election campaign, was the easing of the Inheritance Tax charge for home owners in the UK. The much publicised change was to take family homes of up to £1m out of Inheritance Tax charge completely. […]
Monthly Archives: August 2015
From June 2017, British visitors to Europe will no longer be charged additional fees for using their mobile phones. This is great news for business people who need to keep in touch with their UK base of operations when travelling in Europe. Ironically, it is the UK that has been a vocal supporter of this […]
There were a number of measures in the Summer Budget that will impact the taxation of property income. These include: the abolition of the 10% wear and tear allowance (see details below); the restriction of tax relief to the basic rate (20%) for loan interest on funds raised to purchase residential property for letting. This […]
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