A lot of first time buyers have opened Help to Buy ISA accounts in order to take advantage of the government bonus which boosts your savings by 25%. Simply opening an account and paying into it however does not necessarily mean you qualify for the bonus. In order to qualify you have to live in the UK, be purchasing your first property which you will live in as your home and be buying with a mortgage.
The question of whether or not Inheritance tax (IHT) should be scrapped is an emotive subject. Those in Government will no doubt look at the Office for Budget Responsibility who forecast IHT to rise to £5 billion in 2017-18. This is equivalent to 0.2 per cent of national income. On a percentage basis, it does not seem very much (in Government terms anyway) but why would the Government scrap an easy and assured way of collecting revenue in austere times?
If you’re local to Brighton you may have noticed a scattering of pale blue bikes popping up around the city centre. This latest project from Brighton (BTN) Bike Share launched on Friday 1st September and had over 1,500 people sign up over its first weekend.