Archive for May 2018
Lasting powers of attorney can help protect dementia sufferers
Prime Minister Theresa May has announced a new drive to use technology and artificial intelligence to tackle debilitating diseases like dementia. Speaking at the beginning of Dementia Week, organised by the Alzheimer’s Society, Mrs May said: “The United Kingdom will use data, artificial intelligence and innovation to transform the prevention, early diagnosis and treatment of…
Read MoreEstate agents to be ‘professionalised’ to improve housing market
The government says it wants estate agents to become “professionalised” as a way of improving the housing market and reducing the number of sales that fall though each year. Ministers say delays and complications during the process of buying or selling a home can cause unnecessary financial and emotional stress to customers. This uncertainty can…
Read MoreSon fails to overturn father’s will to inherit extra land
A businessman has failed to overturn his father’s will, so he could inherit farming land and other substantial assets. The High Court heard that the father had built up a farming and haulage business during his working life and acquired several parcels of land. The son worked for the business and lived for free in…
Read MoreTax on empty homes could be doubled to boost housing market
The government is to give local authorities the power to double council tax on homes that are left empty for long periods. It’s hoped the move will bring more properties back into use and ease the pressure on the housing market. The new legislation will allow councils to charge double the rate of Council Tax…
Read MoreSpecial ‘home inheritance tax allowance’ rises by £25,000
The main residence inheritance tax allowance has by risen £25,000, reducing the death duty burden for thousands of families. The allowance was introduced in April last year and was set at £100,000. In April this year it rose to £125,000 and will rise to £175,000 by 2020. It only applies to a person’s home, not…
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