15 August

HMRC to Tackle the Hidden Online Economy

One small paragraph on page ninety-nine of the Summer Budget document could have major consequences for a lot of people. “Tackling the hidden economy – The government will extend HMRC’s powers to acquire data from online intermediaries and electronic payment providers to find those operating in the hidden economy. We will legislate at Finance Bill […]

13 August

Buy-to-Let Property and the Taxman

The Summer Budget included a significant change that will impact the Buy-to-Let property market. As it stands, individual landlords receive tax relief on their mortgage interest payments at their marginal tax rate. For wealthier landlords, this means a tax relief of 40% or 45%. The government has deemed this to be an unfair advantage over […]