The Autumn Statement 2015 Overview

Category: Budget & Cashflow & financial planning & Uncategorized

Introduction

Just over four months ago, George Osborne delivered his second Budget of 2015, following the Conservative Party’s outright victory in the May general election. At that moment, the view from 11, Downing Street must have looked remarkably pleasant. Osborne’s handling of the economy was widely credited with playing a large – if not pivotal – part in the election victory. Boris Johnson and Theresa May, the Chancellor’s two main rivals in the race to succeed David Cameron, were both listing badly – albeit they hadn’t quite run aground.

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The Summer Budget implications for ‘Buy-to-Let’ housing

Category: Budget & Housing & Tax & Uncategorized

A major shake-up of the buy-to-let housing market could be about to take place, after the Chancellor announced plans to change mortgage tax relief for landlords. In his Summer Budget speech, the chancellor said that the relief will be cut to 20%, from 40-45%, in an effort to “level the playing field” between buy-to-let landlords and ordinary house buyers.

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