A report from Propertymark has laid out the stark and in some cases unforeseen consequence of the Conservative government’s phased removal...
Archive
05 August 2024
From: Breaking News
New figures published by HMRC show a 7% rise in Capital Gains Tax liabilities on the sale of residential property in...
05 August 2024
From: Breaking News
A political party has proposed that Capital Gains Tax be equalised with Income Tax - meaning landlords and investors who sold...
13 June 2024
From: Breaking News
HMRC has launched a pilot for the proposed Making Tax Digital service for quarterly reporting - and agents can sign up...
26 April 2024
From: Breaking News
The chief executive of Propertymark has made an outspoken attack on the government in response to its latest attempt to extract...
04 March 2024
From: Breaking News
The Budget on Wednesday will contain a £300m tax raid on the rental sector according to a report this morning -...
03 March 2024
From: Breaking News
Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...
01 February 2024
From: Breaking News
Plans for leasehold reform face a major early stumbling block as analysis shows plans to retrospectively introduce a cap on ground...
20 December 2023
From: Breaking News
Lettings agents within The Guild of Property Professionals think that the Renters Reform Bill could cause many landlords to quit. Graham Wood,...
01 June 2023
From: Breaking News
A new survey of lettings agents and landlords has put the reinstatement of Section 24 mortgage tax relief at the top...
21 April 2023
From: Breaking News
Agents are being urged to sign a petition launched by a landlord facing higher tax burdens which may force him to...
03 January 2023
From: Breaking News
Land and Buildings Transaction Tax - the Scottish equivalent of stamp duty - has risen to six per cent for all...
16 December 2022
From: Breaking News
Just about every agency that has commented on yesterday’s Autumn Statement are in agreement - changes to Capital Gains Tax, Inheritance...
18 November 2022
From: Breaking News
Chancellor Jeremy Hunt has delivered his long-awaited Autumn Statement - the fiscal event which he says will lead to “all of...
17 November 2022
From: Breaking News
The vexed subject of letting agents and landlords preparing for the Making Tax Digital regime is to be examined in a...
16 November 2022
From: Breaking News
One of the country’s most respected lettings agencies says tax is dominating the agenda ahead of Thursday’s Autumn Statement from Chancellor...
15 November 2022
From: Breaking News
A holiday lettings agency has criticised the proposed rise in capital gains tax which may be introduced this week in the...
14 November 2022
From: Breaking News
The new Chancellor, Jeremy Hunt, says the limited cut in stamp duty in England and Northern Ireland announced in the mini-Budget...
17 October 2022
From: Breaking News
As expected there has been another substantial U-turn by Prime Minister Liz Truss. A few minutes after sacking her former Chancellor Kwasi...
14 October 2022
From: Breaking News
Chancellor Kwasi Kwarteng has announced that stamp duty will be cut. In future there will be no stamp duty on the first...
23 September 2022
From: Breaking News
The leader of the Generation Rent campaign group has accused Chancellor Rishi Sunak of “stacking the economy against private renters who...
28 March 2022
From: Breaking News
Letting agents are being urged to respond to a consultation opening today from rhe independent Office for Tax Simplification. The OTS has published an...
17 March 2022
From: Breaking News
A business consultancy is warning that buy to let sellers in the current market are likely to be squeezed - and...
15 March 2022
From: Breaking News
Propertymark wants agents to come forward with examples of fraudulent tenancy applications - a growing problem in the rental sector. A statement...
27 July 2021
From: Breaking News
A leading tax expert is forecasting that Chancellor Rishi Sunak will duck making any changes to CGT in tomorrow’s Budget and...
02 March 2021
From: Breaking News
An agency is warning that possible Capital Gains Tax changes are now a cause of major worry to their landlord customers. Barrows and...
16 February 2021
From: Breaking News
A call has gone out for the longer-term buy to let rental sector to have a similar tax regime as the largely-unregulated...
05 February 2021
From: Breaking News
Research by Countrywide agency Hamptons shows that during 2020 some 41,700 new buy to let limited companies were formed. That’s a record...
18 January 2021
From: Breaking News
ARLA Propertymark is advising agents to get up to speed on new rules - and possible higher costs - when changes...
14 January 2021
From: Breaking News
A warning has been issued by one of the most acquisitive letting agencies that future mergers and takeovers could be hit...
14 December 2020
From: Breaking News
ARLA Propertymark has issued a warning to government not to use Capital Gains Tax reform to further punish the private rental...
16 November 2020
From: Breaking News
A prominent agent and industry commentator says the threat of higher Capital Gains Tax risks forcing yet more investors to quit...
13 November 2020
From: Breaking News
It’s not just navigating a path through the Coronavirus crisis that is proving the value of letting agents - it’s their...
06 April 2020
From: Breaking News
One of the lettings sector’s leading trade bodies has called on the government and lenders to agree a package of measures...
17 March 2020
From: Breaking News
The government is driving landlords into the short let sector according to a trade body. The Residential Landlords Association, responding to recent...
24 February 2020
From: Breaking News
There’s a new warning today for buy to let investors who will be hit by tax changes coming into effect on...
20 February 2020
From: Breaking News
It’s been revealed that a clampdown on the buy to let sector by HM Revenue and Customs has produced millions of...
17 February 2020
From: Breaking News
Two specific elements of Labour’s tax proposals, outlined in its manifesto, could “drive a nail into the coffin of buy to...
25 November 2019
From: Breaking News
An influential think tank says Capital Gains Tax on buy to let properties and second homes should be levied at the...
11 September 2019
From: Breaking News
The government has been criticised yet again for what is described as its “incoherent” approach to the private rental sector. David Miles,...
11 September 2019
From: Breaking News
HM Revenue & Customs has launched what appears to be a fishing expedition to find out information about investor landlords who...
10 September 2019
From: Breaking News
There’s been a fierce outcry from Conservative MPs and the lettings industry in response to Labour’s threat to give private rental...
03 September 2019
From: Breaking News
Private tenants are being disadvantaged because of the government’s focus on boosting homeownership. According to the latest figures from the Royal Institution...
13 August 2019
From: Breaking News
New research shows more than half of landlords plan to use limited companies to buy properties in the year ahead. The study...
12 August 2019
From: Breaking News
An online platform claims it has found a new and easy way for investors to become landlords, describing itself as ‘PayPal...
26 April 2019
From: Breaking News
Large-scale buy to let investors are continuing to move to limited company status in a bid to limit their exposure to...
25 March 2019
From: Breaking News
Income tax paid by buy to let landlords now exceeds £3.8 billion annually – that’s more than double Tesco’s entire annual...
12 March 2019
From: Breaking News
You may be forgiven for thinking that rent takes up an ever-greater proportion of tenants’ income - but new figures out...
14 February 2019
From: Breaking News
London-focussed lettings agency ludlowthompson says buy to let landlords across the country claimed a record £17.7 billion in tax relief last...
29 January 2019
From: Breaking News
A man who submitted false VAT returns for the Lincoln franchise branch of Martin & Co for a period of six...
08 October 2018
From: Breaking News
There has been strong support for an e-petition calling for the scrapping of the stamp duty surcharge on buy to let...
06 July 2018
From: Breaking News
The government should scrap the tax on new homes which is punishing those in need of a home to rent, the...
29 June 2018
From: Breaking News
The government has responded to a petition calling for it to abolish the 3% stamp duty surcharge and reintroduce full buy-to-let...
29 May 2018
From: Breaking News
An online petition which calls on the government to reintroduce full buy-to-let mortgage interest tax relief and abolish the 3% stamp...
21 May 2018
From: Breaking News
11 May 2018
From: Breaking News
A lettings trade body says a major house builder has blamed, in part, recent tax increases on private landlords as a...
19 March 2018
From: Breaking News
A trade body says new figures released by the independent Office for Budget Responsibility show that the government’s recent tax increases...
15 March 2018
From: Breaking News
Almost three-quarters of buy to let mortgage transactions made by landlords operating via limited companies in the final quarter of last...
19 January 2018
From: Breaking News
There’s been another large increase in the number of buy to let mortgages sought by limited companies - they accounted for...
12 October 2017
From: Breaking News
A leading accounting and advisory service says key tax changes that could damage the buy to let sector are still not...
26 September 2017
From: Breaking News
The number of landlords has fallen over the last two years despite a rise in supply of homes available to rent,...
11 September 2017
From: Breaking News
Far from being wealthy property investors, two thirds of individual landlords pay merely the basic rate of income tax according to...
06 July 2017
From: Breaking News
The Residential Landlords’ Association says recent fiscal changes hitting the private rented sector are hurting tenants but failing to achieve their...
04 July 2017
From: Breaking News
Single property landlords are finally waking up to the fact they could be pushed in to a higher tax bracket following...
22 May 2017
From: Breaking News
A remarkable one in five properties now being let are operated by a company landlord - and the figure surges to...
18 April 2017
From: Breaking News
Almost 20 per cent of the landlords using an online letting agency are apparently unaware of the mortgage interest tax relief...
11 April 2017
From: Breaking News
The range and pricing of buy to let mortgage products for limited companies has never been better according to a survey...
05 April 2017
From: Breaking News
The Chartered Institute of Taxation has issued a reminder to buy to let investors that the first phase of the restriction...
31 March 2017
From: Breaking News
The Residential Landlords Association (RLA) is writing to the Office for Budget Responsibility asking it to provide clarification on controversial tax...
07 March 2017
From: Breaking News
Housing minister Gavin Barwell says recent changes to buy to let mortgage interest relief and stamp duty will only affect a...
23 January 2017
From: Breaking News
The attempt to seek a Judicial Review of legislation reducing the mortgage interest tax relief for landlords has failed. The case was...
06 October 2016
From: Breaking News
The case made by two landlords to have a judicial review of section 24 of the 2015 Finance Act - triggering...
03 October 2016
From: Breaking News
A campaign group is urging letting agents to join with landlords in lobbying MP over the government’s change to buy to...
12 September 2016
From: Breaking News
Speculation that the government was attempting to ‘slip in’ yet more changes to the way landlords are being taxed have been...
05 September 2016
From: Breaking News
There is growing concern across the industry at the fear - which we reported yesterday - that the government may be...
31 August 2016
From: Breaking News
The Law Society has accused the government of avoiding proper consultation and scrutiny in the way it has introduced new buy to let proposals. They...
30 August 2016
From: Breaking News
Any lingering hope that the buy to let sector might have of a rethink by the new Chancellor over restructuring mortgage...
21 July 2016
From: Breaking News
Landlords are looking to house tenants less likely to miss rental payments in order to minimise the impact of a number...
27 May 2016
From: Breaking News
Martin & Co - one of Britain’s largest letting agency networks with 192 offices across the country - says it may...
03 March 2016
From: Breaking News
Four in 10 landlords are either seriously considering forming a limited company or will be looking into the option in the...
22 February 2016
From: Breaking News
An online petition aiming to get 100,000 signatures expressing opposition to Chancellor George Osborne’s buy to let tax changes looks certain...
21 January 2016
From: Breaking News
The Residential Landlords’ Association is taking legal advice on whether George Osborne’s buy to let tax changes are a breach of...
20 January 2016
From: Breaking News
An analysis by a national newspaper shows that investors purchasing buy to let properties with mortgages are likely to lose money...
11 January 2016
From: Breaking News
Today is the last chance for Letting Agent Today readers to have their concerns about proposed stamp duty increases and recent...
07 January 2016
From: Breaking News
A Conservative peer and former shadow chief secretary to the Treasury has become the first senior Tory to speak out against...
06 January 2016
From: Breaking News
A legal opinion is expected in the next few days as the legal challenge to George Osborne’s buy to let tax...
06 January 2016
From: Breaking News
Letting Agent Today readers are being given the rare opportunity to have their concerns about proposed stamp duty increases and recent...
05 January 2016
From: Breaking News
A prominent buying agent active in prime central London says the capital’s high end buy to let market will become less...
06 November 2015
From: Breaking News
The online petition opposing the proposed tax changes for buy to let landlords has now reached 35,000 signatures - but is...
30 October 2015
From: Breaking News
The Chancellor’s proposed change to wear and tear tax allowance in the rental sector will hit rural lettings particularly hard, according...
30 October 2015
From: Breaking News
The online petition against the government's proposed tax changes for buy to let investors is "a waste of time" according to...
12 October 2015
From: Breaking News
The government is ruling out any re-think on its proposals to reduce buy to let tax breaks from next year. The Financial...
08 October 2015
From: Breaking News
Over 60 per cent of private sector landlords face being pushed from the basic to higher rates of income tax as...
24 September 2015
From: Breaking News
The chief executive of Zoopla has thrown his weight behind opposition to the government’s proposed restrictions on buy to let tax...
15 September 2015
From: Breaking News
If supporters of Chancellor George Osborne’s Budget restrictions on tax breaks for buy to let landlords thought opposition would die off...
07 September 2015
From: Breaking News
The petition against the proposed tax changes outlined by Chancellor George Osborne in last month’s Budget has now achieved 20,000 signatures. This...
28 August 2015
From: Breaking News
A London letting agency is playing down the impact of Chancellor George Osborne’s proposed changes to buy to let tax breaks,...
18 August 2015
From: Breaking News
The founders of the website saynotogeorge.co.uk have stepped forward to explain why they have founded the campaign. Two Peterborough-based property developers are...
17 August 2015
From: Breaking News
A new website - www.saynotogeorge.co.uk - has been set up as a nucleus for opposition to Chancellor George Osborne’s proposals to...