UHY Ross Brooke Chartered Accountants
Upon examining the Summer Budget one could believe that Contractors are not the Chancellor’s favourite people at the moment. Firstly, he has announced that a review of IR35 is to be set up. It is well recognised that, despite various tinkering with the system over the years, including the failed
Whatever your political persuasion no-one could accuse the Chancellor of delivering a boring Budget. Despite the triple tax-lock announced prior to the election the Chancellor certainly did not miss the opportunity to propose numerous policies to raise taxes. So what are the key points? Personal allowances for individuals will be
The announcements the Chancellor made relating to rental properties in the 2015 Summer Budget will not have been the best news landlords have heard this year. Most concerning will be the reduction of tax relief on borrowings for the purchase of a let property. Currently tax relief is given at