VAT Penalty alert

Nigel Holland “The changes to the VAT penalty regime are now in force. The regime is automated as many processes adopted by HMRC are these days. We have found that if there is a problem with a scheduled payment or VAT or submission of a return this problem may trigger...

Increase in secret subletting

Nigel Holland ” There are a large number of tenants who sublet their properties to sub tenants in secret, such arrangements are rife in the commercial and residential sectors. Such activity can create a serious problem for landlords because it can be difficult...

Landlords miss Out

Budget 2023 – Despite intensive lobbying.   Nigel Holland ” There is no direct help from the Government in the 2023 Budget despite there being £63 million for swimming pools. The good news is the forecast drop in inflation from 10.7% to 2.9% by the end of...

Danger of 20% house price plunge

Nigel Holland “There is a danger that monetary policy committee (MPC) is poised to raise official borrowing costs for a 10th meeting in a row. This will inevitably lead to further falls in house prices. According to the Halifax mortgage approvals are 30% down....

Changes to Mini-budget

Nigel Holland ” We are living in one of the strangest periods in history where the Government introduces a number of tax measures one day and then reverses those same measures a few days later. This results in uncertainty for the markets which is not a good...
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102 Widnes Road
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