Government announces it’s 'as you were’ on Capital Gains Tax – for now
Current Capital Gains Tax process will stay as it is for the time being as the government's HM Treasury responds in letter to the OTS.
The Office of Tax Simplification has been lobbying for the past 18 months with recommendations on how the implementation of the Capital Gains Tax could be improved, such as increasing CGT rates closer to those for income tax and lowering the CGT allowance.
Tenants worry about paying rent and energy bills says research
According to a recent study by Smart Energy GB, around two thirds of tenants believe they could find it difficult to meet the cost of energy bills this winter, while almost the same number say the same when paying the rent on their homes
Tenants would pay more for eco-efficient homes says study
According to a recent survey many tenants would be willing to pay more for greener homes.
The survey by Lettingaproperty saw 98 per cent of respondents reveal that they would prefer a home optimised to increase energy efficiency, reduce energy costs and minimise environmental impact.
£65m Covid rent arrears fund to help landlords
The government has revealed that private landlords in England with Covide-related tenancy rent arrears will benefit from a new £65m debt war chest.
Part of the the newly-renamed Department for Levelling Up, Housing and Communities, it has been stated that the scheme is to be operated by local authorities.
East Midlands sees England’s highest rent arrears during pandemic
According to recent government data, some 335,860 homes - seven per cent of rental households in England – have fallen at least one month behind on rent payments during the Covid pandemic’s initial phases.
The average rent in England in July 2020 was £826 per month. This means the total rent arrears during wave one was at least £277.3 million.