The Government Targets Residential Property

The Government Targets Residential Property

The tax landscape for residential property owners has changed drastically in recent years, as the Government has felt obliged to address issues raised in the media regarding the residential property market. The fiscal changes include measures which aim to reverse the trend for buyers to acquire property through vehicles, which can be used to minimise. Read more

Enforcement by direct deduction from accounts (Direct Recovery of Debt)

Enforcement by direct deduction from accounts (Direct Recovery of Debt)

The current Finance Bill contains the proposed legislation for HMRC’s new power to take tax that you owe direct from your bank account (Direct Recovery of Debt). It is not clear when it will come into effect as much is left to be flushed out in Regulations by the Treasury. It will however probably come. Read more

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