Despite being the group most likely to be struck hard by tax, a recent study showed that two-thirds of affluent Londoners are uninformed on the issue of inheritance tax. This year the current tax threshold stands at £325,000. This means that people who are given over this amount in inheritance are taxed on assets at the 40% rate and those who receive under this amount pay no tax at all. With an...
February 2014
As supply continues to outstrip demand, the UK is edging ever closer to becoming a nation of ‘renters’, with over 15% of all UK Homes now in the private rented sector. This is predicted to rise by 33% over the next 8 years, and a predicted 1 in 5 households will be renting by 2018, according to CBI. Quite simply we haven’t been building enough houses in London for 30 years so there is not going to be...