HMRC changes in processing option to tax form

From 1 February 2023, HM Revenue and Customs (HMRC) will no longer confirm the existence of an option to tax when requested to do so by property owners or solicitors, except in specific circumstances. These circumstances are limited to where the option to tax was likely to have been notified more than 6 years ago […]

What happens on completion day?

The day of completion is the final step in the house buying and selling process.  It is the pre-arranged date when the financial and legal formalities are concluded, and the ownership of the property is transferred from the seller to the buyer. On the day of completion, the following steps typically take place: The buyers’ […]

Pension planning during times of uncertainty

There have been various difficulties in recent years, affecting the UK economy that have had an impact on pension savers.  These include Brexit, the COVID-19 pandemic, the conflict between Russia and Ukraine as well as political instability in Westminster.  These events have caused turbulence in the markets, leading to a decline in share prices and […]