Recent figures have shown a 42% increase in divorce enquiries between March and June, compared with the same period in 2019. The data on divorces in England and Wales shows there are some 91,000 divorces on an annual basis and should the 42% increase continue, it could lead to an addition of around 38,000 couples who could be calling it a day in 2020.
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Earlier this month, the chancellor announced a temporary holiday on stamp duty on the first £500,000 of all property sales in England and Northern Ireland until the 31st March next year. The Welsh Government also announced a holiday on the tax paid on house sales for homes worth less than £250,000 until March 31, 2021. Scotland’s equivalent to stamp duty, the Land and Buildings Transaction Tax, is also rising from £145,000 to £250,000 until the 31st March 2021.› Read more
It is no secret that the Coronavirus crisis has negatively impacted the finances of thousands of successful and healthy businesses across the UK. As we start to emerge out of lockdown, many will be attempting to recover their debts.› Read more
As far as employee perks go, this one may just top the list. Last week we surprised all of our 33 employees with an adopted animal from Chester Zoo.› Read more
In his summer economic update to the House of Commons, delivered today, Rishi Sunak warned the UK is facing “profound economic challenges” as a result of the coronavirus crisis.› Read more