Posts Tagged ‘Changes’
Euro Zone Changes For Foreign Mortgages
Euro zone changes for foreign mortgages will be increasing, both now and in the coming months, due to the lessening liquidity of banks in the zone. Tightening lending criteria across the Euro zone mean that banks are seeking excuses to not allow mortgages. In France, for [Read More]
QROPS Pension Changes And Alternatives
Recent QROPS pension changes has meant that over 300 pension schemes which are based in Guernsey have been suspended by the government. This move has caused a shock wave within the offshore pension industry. QROPS pension changes in Guernsey mean that after April 6th 2012 [Read More]
Changes To Scottish Mortgage Market
Recently the Scottish government have been doing their best to help the housing market by introducing a variety of changes to the mortgage market. The biggest boost so far was announced last month with the introduction of a new mortgage indemnity scheme. Scotland is [Read More]
Commercial Planning Rule Changes
The new commercial planning rule changes have been welcomed as a major step forward by most property experts. The new ‘presumption’ in favour of sustainable development means that the default answer to new developments is ‘yes’, not ‘no’ as it [Read More]
VAT & CorporationTax Changes
Corporation & VAT Tax Changes New rules for the financial year starting April 2011: Corporation Tax will be reduced to 27% in 2011/12 and by another 1% a year until it reaches 24% by 2014/15. Small companies’ Corporation Tax charges will be reduced to 20%. Possible [Read More]
Pension Tax Allowance Changes
The annual allowance for tax relief on pension savings for an individual is set to change. It has now been reduced from £255,000 to £50,000 (not indexed) starting from 6th April 2011. The amount which can be held as a value in a pension over the lifetime- known as the [Read More]
Resolving Capital Gains Tax Changes
From 23rd June 2010 some capital gains tax changes were outlined by the government. In this article we examine how you can mitigate against them. Higher rate tax payers will pay 28% on their capital gains. For trustees and personal representatives of deceased persons, the [Read More]
Holiday Home Rules Changes
We are going through a lot of changes in property at present and investors need to make those who own furnished holiday homes in Europe or in the UK aware that some changes are afoot in the near future. The changes will affect your tax liability so it’s important you [Read More]
