Budget announcement will affect tax treatment of furnished holiday lettings
Diversification has been key for farming businesses to remain sustainable; having a number of different income streams on the farm has helped many businesses navigate through external factors and changes in farm subsidy regimes.
Why asset diversification matters for investors
In the world of finance and investment, the concept of portfolio diversification plays a pivotal role. It is a strategy that forms the bedrock of prudent financial management and is often touted as one of the most effective ways to manage risk and maximise returns. In this article, we'll delve into the significance of portfolio diversification, the advantages it offers, and how a well-managed portfolio ensures a diversified set of investments.
The 2024 Spring Budget for Doctors
Further to the Spring Budget last week, please see below a short summary which is designed to provide Doctors and NHS Consultants with an overview of how the changes introduced will affect their tax position moving forward. This article is by no means exhaustive so please do get in touch if we can provide further tax advice.
Latest Lovewell Blake/NFU farmers’ evening hears from four leading experts on planning issues facing agriculture
Two major new planning initiatives will have a huge impact on farmers – offering both opportunities and challenges. That was the message heard by around 60 Norfolk and Suffolk farmers at the latest joint NFU/Lovewell Blake Farmers’ Evening in Halesworth.
Overcome those investment jitters to take advantage of a good time to invest
Being nervous about market volatility shouldn’t be a reason not to invest, says Sharon Mattheus.
Personal cashflow - Taking the whole life view
Whilst each stage of our case study tackles a specific issue in Joe and Jessie’s lives, each is intrinsically linked, as a financial decision made early in life will affect every aspect of a person’s financial wellbeing throughout their life.
SDLT - Multiple Dwellings Relief (MDR) and mixed use acquisitions
This was a nasty surprise in the Budget announcement – the removal of MDR. The announcement concluded it didn’t benefit the intended taxpayer and has been subject to frequent abusive claims.
Removal of the remittance basis from April 2025 (often confused with ‘non-dom’ tax status)
I’ll start by putting a myth to bed – the term ‘non-dom’ remains because the concept originates from a taxpayers (and their parents) place of birth. Whilst a Chancellor has many powers he can’t change the origin of somebody’s birth!