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Suffolk: +44 (0) 1473 659777 - London: +44 (0) 207 1251311 - Email: firstname.lastname@example.org
The Government has been trying to make home ownership easier for first time buyers. However, part of their battle is not only for first time buyers to purchase properties with incentives but also to increase the supply of property available to first time buyers. The government is continually changing the legislation to address this issue, this month proposing an additional stamp duty charge between 1-3% on foreign purchasers of UK property.
Here are a few areas to be conscious of if you own properties:
The above guidance is based upon the tax legislation in force when written and does not reflect any plans or proposals within the 2018 Budget on 29th October 2018.
If you would like to know more about how to make the most of the changes to the taxation of property income please contact Mandy on 01473659777 or e-mail email@example.com to arrange a meeting.
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