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News
Reversal of the tax on holiday lettings
December 12, 2010
The Chancellor is expected to reverse Labour’s 200m raid on the self-catering industry.
It will mean landlords who let out holiday accommodation will again be able to offset the cost of furniture and fittings against tax. They will also pay reduced capital gains tax when they sell.
The Tourism Alliance had warned that Labour's decision to repeal the furnished holiday lettings rule risked 4,500 jobs.
The body argued that holiday lets had more in common with hotels and bed & breakfasts which are ordinarily regarded as trading businesses, than they do with residential properties which are ordinarily regarded as investment businesses.
E101- Are you upto date wih the new rules?
December 12, 2010
If you are normally employed in two or more EEA countries before 1 May 2010 and you will continue to be normally employed in two or more EEA countries after 1 May 2010 there are some transitional rules that could apply to you where both of these criteria are met:
2010 Emergency Budget
December 12, 2010
In his Budget speech Chancellor of the Exchequer George Osborne outlined how the government plans to raise and spend money during the coming year.
For a breakdown of what was in the June 2010 Budget, follow the links below.
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