Tag: tax

European Court of Justice VAT ruling could cost UK landlords so act now

Gary Rowson, OneE, urges landlords considering energy efficiency improvements to take action. A recent EU ruling on the application of the UK’s reduced rate of VAT for energy saving equipment and materials is likely to increase costs for landlords with domestic properties and individuals who are either building or refurbishing their homes (who are not … Continue reading European Court of Justice VAT ruling could cost UK landlords so act now

A Budget of Olympic proportions? Or opportunity lost?

In 2012, with the London Olympics only months away, it would be reasonable to expect  an Olympic style Budget Statement to meet Herculean challenges. It is hard to describe George Osborne's address to Parliament in such terms - but there were some important points of which to take note. Heavily trailed in advance of today's … Continue reading A Budget of Olympic proportions? Or opportunity lost?

What’s the difference between a Scottish scrap-metal dealer, a chip-shop and a landlord from Cumbria?

According to the Tax Man -  very little. Her Majesty’s Revenue and Customs (HMRC) has recently launched a raft of new task-forces to seek out tax evaders in different areas of the country. The five new task forces have been instructed to focus specifically on: scrap metal dealers in Scotland, focusing on those who are deliberately suppressing … Continue reading What’s the difference between a Scottish scrap-metal dealer, a chip-shop and a landlord from Cumbria?

If at first you don’t succeed – try, try, try again…

It is often said that lobbying the Treasury prior to Budget day is like trying to change direction in an oil tanker. It’s possible, but you need to start well in advance and be prepared for it to take a long time. Well it has certainly taken a long time, but in his Budget Statement … Continue reading If at first you don’t succeed – try, try, try again…