The interest rates for late payment will be increased from 2.75% to 3%. This will take effect on:
The buy-to-let world has been bombarded with change this year with the removal of the 45% relief on mortgage interest costs and removal of the 10% allowance for ‘wear and tear’ on furnished properties being just a few examples.
In August this year a Hampshire landlord, Richard Fuller, was jailed for two years and three months after evading £158,000 in Capital Gains Tax.
An independant survey has found that SME's now want different things from their accountants.
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