Latest Opinion Pieces, Blogs and Posts from the Team
Pension Tax up to 67% and other Key Changes from Rachel Reeves first Budget
This first article first appeared at oneconsultancy.solutions Rachel Reeves has finally given her maiden budget speech after much speculation and debate over what constitutes a ‘working person’ and whether increasing employer NI contributions would be a breach of the...
Buyers and Tenants Survey 2024
JLL (John Lang Lasalle IP, 2024) have recently released the results of their buyers and tenants survey, which looks at trends in the property market. At this volatile time, these trends may help landlords and investors to predict a fast-moving market. The results are...
What is the relationship between inflation, interest rates and mortgages in the UK?
Inflation, interest rates, and mortgages are interconnected elements of the economic landscape, each exerting influence on the others. Changes in inflation can have significant repercussions on interest rates and subsequently impact mortgage borrowers and the housing...
Furnished Holiday Lets and Capital Allowances – Spring Budget
Lewis Gimple, our Capital Allowances Surveyor takes a look at Furnished Holiday Lets and how Capital Allowances are affected from the Spring Budget. The Spring Budget and what it means for FHL owners and capital allowances The chancellor announced in the spring budget...
Other tax changes – Spring Budget
A quick look at some of the other tax changes in this week's budget Child Benefit Under the current system, if at least one parent earns £50,000 a year, they will start to lose child benefit and if they earn over £60,000 a year, it will be taken away entirely. This...
Non-dom tax implications
Tim Crook, our Head of Private Clients at OCG Legal, takes a look at the Spring Budget in detail. Non-Dom Tax Regime The Chancellor announced the abolition of the non-dom tax regime and provided some detail on the new system that would replace it from April 2025....
Multiple Dwellings Relief – Spring Budget
Hayley Blackett, Conveyancing Team Leader at OCG Legal, takes a look at the implications of MDR abolishment Multiple Dwellings Relief Abolished – Budget 2024 What is Multiple Dwellings Relief (MDR)? MDR applies to the purchase of two or more dwellings in a single...
What are the implications on Inheritance Tax in tomorrow’s budget?
As anticipation mounts for the UK Spring Budget, one area of interest for many individuals is potential changes to inheritance tax (IHT) laws. In recent years, IHT has been a subject of much debate and speculation, with calls for reforms echoing throughout the...
Empowering your future – The importance of creating a Lasting Power of Attorney
Life is unpredictable, and unforeseen circumstances can arise at any moment. While we may not have control over everything, creating a Lasting Power of Attorney (LPA) is a proactive and prudent step towards securing our future. In this blog, we'll explore the crucial...
Transforming Conveyancing: The Role of AI in Revolutionising Conveyancing Firms
Title: Transforming Conveyancing: The Role of AI in Revolutionizing Conveyancing Firms Introduction The legal landscape is evolving, and with it, the role of technology in the legal profession is becoming increasingly prominent. In the realm of conveyancing, the...
