Jun 9, 2025 | Book Updates
PROPERTY PRACTICE CHAPTER 10 PROPERTY TAXATION SDLT and LTT Update – 2024/25 Stamp Duty Land Tax First time buyers’ relief Consideration Rate of tax until March 2025 Rate of tax from 1 April 2025 The first £300,000 0% 0% £300,001 – £425,000 0% 5% £425,001 –...
Jun 9, 2025 | Book Updates
BUSINESS LAW AND PRACTICE CHAPTER 7 TRADING PROFITS AND VAT Full expensing The ‘super deduction’ came to an end on 1 April 2023 and was replaced with full expensing. Full expensing (FE) applies to companies only and not unincorporated businesses. It allows...
