Problems with holiday lets
Landlords of furnished holiday accommodation qualify for tax breaks if their property is available for short term lettings for at least 210 days a year and is actually let for 105 days in the year. Longer lets out of season are permitted but these must not exceed 155...
Stamp duty holiday extended
The Stamp duty land tax (SDLT) threshold was raised to £500,000 from 8 July 2020 to 31 March 2021 and will now remain at that level until 30 June 2021.
Whitley Stimpson host webinar on how the Spring Budget will affect you
The annual Budget seminar is a regular part of the business calendar for many clients and associates of Whitley Stimpson, but this year we haven’t been able to enjoy the usual networking over a bacon roll and a cup of tea. Instead, like many events during the...
Whitley Stimpson host webinar on new VAT rules affecting the construction industry
Earlier this week we hosted a webinar about the introduction of VAT reverse charges that are set to impact the construction services industry from 1 March 2021.
VAT reverse charge on construction services delayed until 2021
HRMC announced on Friday that the introduction of the domestic reverse charge for construction services has been delayed for a further 5 months due to the coronavirus pandemic and will now be introduced on 1 March 2021.