OUR BLOG

Keeping you up to date on the latest accounting and tax issues

Probate fee increases delayed due to Brexit debates

Barry JefferdApr 1,2019

Early last month, we brought you an update on the proposed changes to Probate fees. The new fees were expected to come into effect from 1 April 2019, pending parliamentary approval. The Ministry of Justice (MoJ) intends to replace the current flat-rate fee for probate with one that is determined by the value of the….

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Ready to make resolutions for the new tax year?

Carol GeorgeMar 28,2019

The end of the current tax year is only just over a week away. Therefore, it’s time to examine your present situation and identify potential tax-saving opportunities for the next. Failing to act at all could result in you paying more tax than is necessary, or forgoing contributions to your pensions, savings and investments.  Taking….

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Stamp Duty Land Tax rules have changed

Toni HunterMar 13,2019

Effective 1 March 2019, the payment window for Stamp Duty Land Tax (SDLT) has been halved. SDLT must now be settled within 14 days of the sale instead of 30. This change affects all land and property transactions, whether commercial or residential. A completed Stamp Duty Land Tax return must also be submitted within 14 days….

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New probate fees spell sizeable expense for bereaved

Barry JefferdMar 6,2019

In November 2018, plans to increase probate fees were reinstated. This was just under two years after they were initially put on hold in response to harsh criticisms. The earlier proposals promoted much higher fees than those currently under scrutiny. However, after failing to pass through Parliament before the general election in June 2017, they….

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Landlords, all is not lost in the 2019 lettings landscape…

Toni HunterFeb 18,2019

Recent changes to regulation and property taxation have put the staying power of many landlords to the test. So, as a new year gets underway, we consider whether 2019 will be more of the same.  There are hundreds of articles, full of ‘facts and figures’, making predictions about what the lettings market has in store….

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