Property and letting agents who are found to be handling client money without a Client Money Protection (CMP) scheme could face hefty fines under new regulations which will make such schemes mandatory for all agents.
Government proposes new rules to protect leasehold homeowners and renters
The Government has unveiled new plans to protect some 9 million leasehold homeowners and renters from ‘unscrupulous’ letting and managing agents, amid concerns that thousands of Britons are suffering at the hands of so-called ‘rogue’ agents.
New IHT changes take effect from today
Important changes to Inheritance Tax (IHT) take effect today, which enable married couples and civil partners to pass on a potential £900,000 completely tax-free.
Warehouses required to register with new due diligence scheme
Companies which store goods imported from outside the EU will need to register with a new scheme designed to combat VAT evasion by non-EU traders.
Cohabiting couples should take appropriate steps to protect their hard-earned assets
Unmarried individuals who are living together in the UK need to make sure they have taken appropriate steps to protect their assets in the event of a separation – as such couples have limited legal rights if they decide to split up.