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Inherited property? Watch out for SDLT sting later on

Tom Lacey

Tom Lacey

If you inherit property, there is usually no Stamp Duty Land Tax (SDLT), unless the beneficiary is paying money into the estate or paying other beneficiaries. However, there are an increasing number of people getting caught up in an SDLT …

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Property & Construction | Tax

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Changeable weather affects seasonal sales figures for August

It was a bad month for clothing stores as the month of August cooled off from the unseasonably warm weather. However, the retail sales figures were offset by the increase in online sales, yet again. Phil Mullis, Partner and Head of Retail and Wholesale at leading accountancy firm, Wilkins Kennedy, said: “As the weather became more changeable, clothing retailers on the high street really suffered. “Online sales continued to show strong growth and year on year, the sector has experienced an increase of 2%. It just goes to show that spend is gravitating towards online, as opposed to the high street. However, increases in quantity bought from the food and household sectors have kept the figures afloat.”

Click here to read a Q&A with John Connolly, founder of the CogitalGroup

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