FINANCIAL MATTERS - JANUARY 18

FINANCIAL MATTERS - JANUARY 18

This month’s Technical Bulletin explores the clampdown of a tax avoidance scheme for employees. The government plans to put a stop to “disguised remuneration” schemes which offer tax-free loans that are never repaid.

Further, there are changes to stamp duty following the Budget in November 2017 that will cut costs for first-time buyers, and an important clarification in the rules surrounding the 3% stamp duty surcharge on investment properties and second homes to stop certain buyers getting unfairly stung.

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