Multiple dwellings relief for SDLT scrapped

Multiple dwellings relief for SDLT scrapped

The Chancellor announced in the Budget that Multiple dwellings relief (MDR) will be abolished for transactions which complete, or which substantially perform, on or after 1 June 2024.

Home buyers pay less stamp duty 

Home buyers pay less stamp duty 

In September’s mini-Budget the then Chancellor announced that the entry threshold for SDLT payable on residential properties would double to £250,000 for deals completed on or after 23 September 2022. This higher threshold will apply until April 2025. 

Put family first for tax efficient succession planning

Put family first for tax efficient succession planning

Businesses take years to build up with the owners spending the best part of their lives ensuring they are successful. But what happens when it is time to retire? An obvious solution is to pass on the company to family, but care should be taken to avoid a considerable tax bill.

The importance of a properly worded grazing license

The importance of a properly worded grazing license

Of all the legal and property agreements entered into by farmers and landowners, the lowly grazing license might seem a long way down the list of priorities. But treating it that way is false economy. A poorly worded grazing license – one that is written without any...
Could your SEISS claims leave you in hot water with HMRC?

Could your SEISS claims leave you in hot water with HMRC?

The Self-Employment Income Support Scheme (SEISS) was a scheme established by the government to support people who are self-employed or a partner in a partnership agreement through the coronavirus pandemic. As a result, many farmers took advantage of the scheme during...