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The average landlord would be £11,000 worse off under a Labour capital gains tax raid

by peter littlewood | Aug 6, 2024 | Tax & Other Financial

The UK Government is considering aligning capital gains tax (CGT) rates with income tax rates to address a £22 billion fiscal deficit, potentially increasing CGT rates up to 45%. This move could increase the average landlord’s tax bill by £11,000 and trigger a...

Labour’s green revolution threatens to harm livelihoods as well as landscapes

by peter littlewood | Aug 6, 2024 | Green issues

The Telegraph has published an article entitled ‘‘The mad rush for solar needs to stop’: how Miliband threatens to ruin the rural idyll’ It can be seen here (subscription may be necessary), and says that residents on the Cambridgeshire-Suffolk border are...

Rightmove and OpenRent Contract Termination

by peter littlewood | Aug 6, 2024 | Industry News

Rightmove and OpenRent Contract Termination Key Points: Termination Date: Rightmove's contract with OpenRent will terminate on September 1. Reason for Termination: Conditions for OpenRent's ongoing membership with Rightmove could not be agreed upon. Impact on...

Potential Increase in Capital Gains Tax (CGT) for Landlords

by peter littlewood | Aug 5, 2024 | News, Tax & Other Financial

Research by Quilter suggests that landlords could face significant increases in capital gains tax (CGT) if Chancellor Rachel Reeves adjusts CGT rates to match income tax rates in her upcoming Budget on October 30th. This move is considered as a measure to address a...

New Hardship Tests and Energy Efficiency Requirements for Landlords

by peter littlewood | Aug 5, 2024 | Industry News, News

The Telegraph has published an article entitled 'Labour plots fresh war on landlords'. It can be seen here (subscription may be necessary), and in summary says: Hardship Tests for Tenant Evictions The new Labour government is set to introduce 'hardship tests' to make...
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