What’s your ideal salary? Could you now be non-resident for Stamp Duty? Has your Government Gateway ID been scammed? What are the recent tax changes and how do they affect me? These and other questions addressed in our March 2021 Fuller Spurling Tax Briefing. Click a heading below to jump straight to that topic, or […]
How does the March 2021 budget affect you or your company? Fuller Spurling’s tax briefing covering the March 2021 budget – with guidance and information covering all the below areas, explains all. Corporation tax complexity Super deduction for capital expenditure Points mean penalties Relief for business losses Frozen bands and allowances Two new SEISS grants […]
Budget Day, Wednesday 3 March, 2021 Fuller Spurling’s own tax specialists, Amy and Philip, covered live the announcements of one of the most anticipated budgets for years. Their coverage as the day unfolded is covered below here. Plus, you can now watch Philip & Amy’s video review of the Budget’s key takeaways, particularly as they […]
The government has shortened the period for paying SDLT from 30 days to 14 days
If a residential property worth up to £500,000 is purchased by one or more first-time buyers, the first £300,000 of the purchase price is exempt from SDLT. This exemption applies for property purchases completed on and after 22 November 2017.
If you have acquired a new home since 1 April 2016 you should be aware of the 3% stamp duty land tax (SDLT) supplement which applies to purchases of second and additional homes
Will Stamp Duty Land Tax (SDLT) or higher rates of SDLT be payable for unmarried couples separating and re-arranging the family home ownership?
Recent changes in government policy have had a significant impact on individual’s owning property. Changes restricting the deduction of finance costs to a basic rate of tax and the introduction of the 3% SDLT surcharge have led many of our clients to consider whether a corporate structure is a more effective way to own a property portfolio.