Property investors, business owners and employees took part in a successful webinar hosted by London Square on tax advice and the impact of Covid-19.
Buy to let and investment specialist Gladys Yow, Director of Business Accounting & Taxation, presented the webinar, and provided a guide to the Spring 2020 Budget and tax changes on property such as additional two per cent stamp duty for non-resident buyers, and a new ruling on Capital Gains Tax, now required to be paid within 30 days. There was also information for landlords about communicating with tenants affected by the impact of Covid-19, and a look at the new measures in place for the self-employed, business owners and employees. Gladys also advised on steps that can be discussed with mortgage lenders on payment holidays or switching to another type of mortgage.
We have had really positive feedback from people who took part. During these uncertain times, London Square is keen to provide the correct information from an expert source and Gladys Yow was able to provide excellent advice and insights to the audience. This is the second in our series of London Square Intelligence webinars. The first one on mortgages was a great success and can also be found on the London Square website.