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Monthly Archives: December 2015

Buy-to-let homes face higher stamp duty

From April 2016, landlords and people buying second homes in England and Wales will have to pay a 3% surcharge on each stamp duty band. Buy-to-let homes face higher stamp duty Changes coming into place need to be considered when making decisions about second homes and buy-to-let projects. Call the specialists… Khan Thornton’s team is…

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Tax relief on buy-to-let properties will be cut

Thinking of buy-to-let schemes, or already in one? Tax relief on mortgage interests for high-rate tax payers will be restricted to 20% (low-rate tax payers will still get the current 20%), with the change being phased in over four years from 2017. Buy-to-let tax break to be cut Khan Thornton specialists can help with up-to-date…

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Changes to inheritance tax: “flawed” and unnecessarily complex

Unanimous media coverage about the unnecessarily complex changes to the inheritance tax (Autumn Budget 2015). Expert advice is now more valuable than ever to understand the implications of the changes taking place in the next few years. http://www.telegraph.co.uk/finance/personalfinance/tax/12044066/Why-new-inheritance-tax-rules-are-flawed-and-how-they-could-be-fixed.html

Khan Thornton: driven by numbers
Khan Thornton: driven by numbers

DRIVEN BY NUMBERS William de Ferrers School’s 2015 GCSE certificate presentation included the “Khan Thornton Award for the Most Improved Maths Student”, sponsored by local accountancy firm Khan Thornton. We are obviously ‘driven by numbers’,” said principal Dino Khan during the award ceremony. “However, this award is not just about maths: it’s about rewarding the…

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