If you read our post of last week, Property Tax Changes, you will be aware that the Chancellor recently confirmed – as part of his Spring Budget – that the present tax advantages that owners of Furnished Holiday Let (FHL) property enjoy will be abolished from April 2025. While a deadline in a year’s time […]
Tag Archives: finance
03
Apr
Apr
Hopefully, this post will be of help to individuals that find themselves in debt and are struggling to keep up with repayments. It’s interesting to consider how easy it is to get into debt and how difficult to get out of debt. In times of rising prices and high interest rates the temptation to use […]
12
Mar
Mar
We all knew that the Chancellor would have restricted options when considering the contents of his recent spring budget announcement on 6 March. But it seems he has the skills after all to “play tennis” with his arms tied behind his back… Would there be a combination of tax cuts and public expenditure cuts, or […]
As expected, 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 are summarised below. Impact on personal finances […]