Over the last few years, a number of regulatory changes have been introduced that have affected the profit that can be made from renting out buy-to-let properties. In addition, landlords are facing new regulatory demands. New tax rules Buy-to-let landlords will have their income tax relief on mortgage interest restricted to 20% by 2020, and […]
Your email account can be a treasure trove for cyber criminals. New research has revealed that 79% of people keep emails in their account that can be exploited by cyber criminals to commit Identity theft, fraud, or impersonation. Cyber Aware is warning the public that without using a strong and separate password for your main […]
Research carried out by the Pension & Lifetime Savings Association shows that the majority of people would find it much easier to plan for retirement if they had income targets to guide them. The trade body is proposing three target levels covering ‘minimum’, ‘modest’ and ‘comfortable’ incomes and recommends carefully-chosen titles to ensure they are […]
The 2018 Budget – delivered on a Monday for the first time since 1962 – produced a number of surprises, not least some high-profile ‘giveaways’. Announcements in the Budget included: A £650 increase in the personal allowance to £12,500 for 2019/20, the level originally pencilled in for 2020/21. A £3,650 increase in the higher rate […]
Two recent events have shone different lights on the government’s view of unmarried couples. As the graph shows, marriage has been drifting out of fashion for close to 50 years. There are now over 3.3 million unmarried couples in the UK, of which nearly half have children. In spite of this major social change, […]
Capital Gains Tax (CGT) is charged on the profit or gain made when you dispose of an asset. You won’t pay CGT on the sale of your principal private residence, stocks and shares held within an ISA, proceeds from life insurance policies, or the sale of a private car. However, assets such as shares, collective […]
