Whiplash Whiplash cash ban Cash payments for minor whiplash claims are be banned, George Osborne has announced, potentially saving the insurance sector as much as £1bn a year. In future, claimants who say they are suffering from whiplash after minor car bumps and scrapes will be offered physiotherapy and treatment by their insurers rather than…
SDLT Surcharge on second homes
Yesterday’s Autumn Statement announced that buyers of ‘additional properties’ will be charged an extra 3 per cent rate of stamp duty land tax (SDLT) from next April. The phrase ‘additional properties’ explicitly includes second homes as well as residential lets. The 3 per cent surcharge will be added to the usual SDLT rate for the…