Super deduction extension for landlords

Super deduction extension for landlords

Super deduction extension for landlords Landlords can now take advantage of the most enticing tax incentive for business investment that the British government has ever offered, but they must act quickly. Any investments a business makes in ‘main rate plant and machinery’ will be eligible for a 130% capital allowance deduction for two years beginning…

Stamp duty on property sales hits £2.8bn

Stamp duty on property sales hits £2.8bn

Stamp duty on property sales hits £2.8bn The end of the stamp duty land tax (SDLT) holiday on 30 June for the £250,000 to £500,000 price banding caused a substantial rise in the number of transactions completed in June as purchasers tried to complete to avoid paying additional stamp duty. Property sales totaled 198,240 in…