BUDGET AUTUMN 2025 Some bullet points from today’s budget: Income Tax Holiday Lets Regional mayors will gain powers to introduce an overnight visitor levy for – watch out or a consultation on this Council Tax Business Rates National Insurance Savings Benefits The Writing Down Allowance (WDA) Health Transport Pensions Basic and new state pension payments to … Read more
A QUICK SUMMARY OF MEASURES IN OCTOBER 2024 BUDGET This is not a full summary of the budget, just a few bullet points which may be of interest to CRLA members. Stamp duty: National insurance Income tax Capital gains tax Inheritance tax Minimum wage Local Housing Allowance Benefits Cap Tobacco Vapes Alcohol Fuel duty Private … Read more
MARCH 2024 BUDGET SUMMARY A summary of measures announced in the 6 March 2024 budget which may affect landlords: Capital Gains Tax Tax free allowance remains at £3,000 From April 2024 the amount to be paid on chargeable gains reduced from 28% to 24% From 6 April 2024 Child Benefit Increased: Single wage earner £60,000 … Read more
BUDGET MARCH 2022 A brief summary of some of the main points in yesterday’s budget. National Insurance Threshold and Lower Profits Limit raised £12,570, from July 2022. Fuel Duty cut by 5p per litre O% VAT for Green Initiatives – it is not yet clear if landlords will be able to benefit from this when … Read more