When Will Interest Rates Fall?

When Will The Bank of England Cut Interest Rates?

In this Money Tips Podcast:

Inflation has fallen from 11% to 2.2% yet the Bank of England base interest rate remained at 5%.

Energy prices will rise by 10% in October – time to fix your deal.

“Painful budget” could see higher capital gains (CGT) and inheritance (IHT) taxes, the end of the single persons council tax discount and a possible wealth tax.

Section 24 landlord tax forcing landlords to rethink buy-to-let, but the is a solution.

Protect your assets.

Watch video version - https://youtu.be/Tq1P2UbYp4A

Labour Hint Of Wealth Tax, Higher Inheritance and Capital Gains Taxes And “Painful” October Budget

Concerns over potential tax hikes, as the Labour Party hints at plans to raise Inheritance Tax (IHT), Capital Gains Tax (CGT), and even introduce a wealth tax, are already causing an exodus of the rich.

Watch full video version -  https://youtu.be/P0WTdbIAuks

How will Labour’s new Renters Rights Bill 2024 affect buy-to-let landlords?

The Labour Party’s Renters' Rights Bill 2024 is poised to bring significant changes to the UK’s rental market, impacting both tenants and buy-to-let landlords. Understanding these changes is crucial for landlords to navigate the evolving landscape effectively.

Watch video version - https://youtu.be/Wx1HXgVW1bM

Section 24 Landlord Tax Hike

Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls.

Email charles@charleskelly.net for a free consultation on how to deal with Section 24.

Watch video now: https://youtu.be/aMuGs_ek17s

 

#finance #moneytraining #moneymanagement #wealth #money #marketing #sales #debt #leverage #property #investment #Homeownership #financialplanning #moneymanagement #financialfreedom #section24tax #financialindependenceretireearly #RentersRightsBill #BuyToLet #LandlordLife #UKPropertyMarket #TenantsRights #RentalProperty #PropertyInvestment #LandlordChallenges #RentControl #PropertyStandards #UKProperty #PropertyInvestment #RentToRent #JointVenture #NoMoneyDown #PropertySourcing #CharlesKellyMoneyTips #FinancialFreedom #PropertyDeals #bankofengland

Game Changing Renter’s Rights Bill Explained - What Landlords And Tenant...

Game Changing Renter’s Rights Bill Explained - What Landlords And Tenants Should Know As New Government Bill Introduced To Parliament    

Prime Minister Sir Kier Starmer presented the Renters Rights Bill to Parliament on Wednesday during PM Questions.

Watch video version - https://youtu.be/iqXll_itlNA

The Bill appears to be a rebrand of the Conservatives Renters Reform Bill which failed to become law before Rishi Sunak’s disastrous snap election.

I would urge you to read to Bill or at least the ‘Guide’ published here: https://www.gov.uk/government/publications/guide-to-the-renters-rights-bill/82ffc7fb-64b0-4af5-a72e-c24701a5f12a

Many landlords are retiring, considering their options or selling up after years of landlord bashing, red tape and higher taxes under Section 24.

Less new landlords are entering the market in such great numbers due to higher mortgage rates, stricter lending criteria and lower yields on but-to-let properties as prices have risen much faster than rents.

The Renters' Rights Bill 2024 signals a major shift in the dynamics of the private rental market. While these changes aim to protect tenants and ensure fair practices, buy-to-let landlords will need to adapt to new regulations and potentially alter their investment strategies. Smaller landlords could be pushed out by corporates and hedge funds looking to build or buy thousands of properties for rental.

Section 24 Landlord Tax Hike

Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls.

Email charles@charleskelly.net for a free consultation on how to deal with Section 24.

Watch video now: https://youtu.be/aMuGs_ek17s

#finance #moneytraining #moneymanagement #wealth #money #marketing #sales #debt #leverage #property #investment #Homeownership #financialplanning #moneymanagement #financialfreedom #section24tax #financialindependenceretireearly #RentersRightsBill #BuyToLet #LandlordLife #UKPropertyMarket #TenantsRights #RentalProperty #PropertyInvestment #LandlordChallenges #RentControl #PropertyStandards #rentersrightsbill #rentersreform

Labour's Wealth Tax, Higher Inheritance and Capital Gains Taxes And A “P...

Labour Hint Of Wealth Tax, Higher Inheritance and Capital Gains Taxes In “Painful” October Budget

 

Prime Minister Sir Kier Starmer and Chancellor Rachel Reeves say “thing will get worse”, and refuse to rule out a “painful” October Budget.

 

Concerns over potential tax hikes, as the Labour Party hints at plans to raise Inheritance Tax (IHT), Capital Gains Tax (CGT), and even introduce a wealth tax, are already causing an exodus of the rich.

 

Watch full video version -  https://youtu.be/P0WTdbIAuks

 

The prospect of higher taxes under a Labour government is causing unease among property owners and investors alike.

 

Inheritance Tax is a particular area of concern, as Labour has suggested that the current threshold could be lowered, increasing the tax burden on estates. Currently, IHT is levied at 40% on estates worth over £325,000, but this could change, leading to more families being caught in the tax net.

 

Capital Gains Tax is also on Labour’s radar, with proposals to align CGT rates more closely with income tax rates. This could see higher earners paying significantly more on profits from property sales, stocks, and other investments.

 

Additionally, Labour’s discussions around a potential wealth tax are causing further anxiety. Such a tax would target the richest individuals, potentially impacting those with significant property holdings, investments, and savings.

 

As the political landscape evolves, investors and property owners are advised to stay informed and consider their options carefully. Whether you're thinking of selling, buying, or holding onto your assets, understanding how these potential tax changes could affect you is crucial.

 

How will Labour’s new Renters Rights Bill 2024 affect buy-to-let landlords?

 

The Labour Party’s Renters' Rights Bill 2024 is poised to bring significant changes to the UK’s rental market, impacting both tenants and buy-to-let landlords. Understanding these changes is crucial for landlords to navigate the evolving landscape effectively.

 

Watch video version - https://youtu.be/Wx1HXgVW1bM

 

Section 24 Landlord Tax Hike

 

Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls.

 

Email charles@charleskelly.net for a free consultation on how to deal with Section 24.

 

Watch video now: https://youtu.be/aMuGs_ek17s

 

For more insights into how to navigate these uncertain times, keep an eye on market trends and consult with a financial advisor to plan effectively for the future.

 

#PropertyMarket #TaxChanges #InheritanceTax #CapitalGainsTax #WealthTax #LabourParty #UKProperty #FinancialPlanning #equityrelease #section24tax #kierstarmer #finances #moneytraining