Q I am looking to move out of my main residential property to a new property, then rent out my current house. I bought the house nine years ago and the value has increased from £210,000 to £360,000. My question, is what would I pay in terms of capital gains tax (in, say, five years)…
The City regulator has halted new business at a company that promises bumper returns from a car hire scheme aimed at people with poor credit ratings, prompting a backlash from the firm at the “bizarre” decision. The Financial Conduct Authority (FCA) said it was concerned about the “viability” of Buy2LetCars, after raising regulatory concerns with…
Banks eager for consumers’ cash are once again offering everything from “free” money to complimentary wine – but people would be wise to weigh up all of the options before shifting banks. Typically, the new year starts with a flurry of offers. This year has been more muted until three of the major providers came…
Paula Land found herself in a spiral of debt she could not get out of. After lending an acquaintance money that was not paid back in 2016, the NHS nurse was forced to go to payday lenders so she could meet her bills. But in order to repay the lenders, her salary was regularly drained,…
Before sunrise on Tuesday last week, amid an amber weather warning and Scotland’s coldest temperatures in 25 years, 62-year-old Sheila Petrie set off on a five-mile walk to work through 15cm of snow. A community-based care worker in Dundee, where public transport was suspended due to the severe weather, Petrie is employed by the city’s…
The vast majority of Conservative voters are among those backing a big increase in the support given to those self-isolating, with some of the government’s own advisers warning that the level of help on offer remains the “huge gaping hole” in the UK’s Covid response. With the chancellor, Rishi Sunak, set to announce a continuing…
