10th November 2017
While the UK just caught the tail end of the hurricanes that have devastated so much of the Caribbean and southern US, we’ve been buffeted by political and economic waves around the Brexit negotiations and contradictory predictions on the outcome. Much of the jockeying has centred around the role of the Chancellor, who has the unenviable task of delivering his Autumn Budget against a backdrop of turmoil and disagreement. When he sets out the government’s tax and spend agenda for 2018/19 on 22 November, there will be more than usual resting on it.
As rumours swirl around whether the Mr Hammond’s Budget speech will include measures to help young people in the housing market, our feature this edition is Are you getting it right on rent?. Up to 2 million people act as landlords, renting out property in a variety of situations. Not all of them realise the tax responsibilities that come with that position, however, and HMRC has been looking into some common errors and misunderstandings.
Our other stories include:
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Thompson Jenner LLP Winter 2017 quarterly newsletter