Landlords can no longer deduct mortgage expenses from their rental income to reduce the tax they pay. Instead, they will receive a tax-credit, based on 20% of their mortgage interest payments. Landlords selling up will also be affected by new capital gains tax (CGT) rules, which come into effect in April. … [Read more...] about April is the start of the tax year. How will the changes affect me?
“It’s not uncommon that this happens in a new epidemic,” Bird says. “Reporting delays are something to be managed, not to be ashamed of. You manage them down but you don’t want to do that by making people think they will be blamed for reporting late and therefore run the risk of failing to report. That’s the worst possibility.” … [Read more...] about Why what we think we know about the UK’s coronavirus death toll is wrong
There were further economic warnings, with World Bank Group president David Malpass saying the pandemic was expected to cause a “major global recession”, echoeing comments by the IMF’s managing director, Kristalina Georgieva, who called on advanced economies to do more to help emerging markets and developing countries. “This is a crisis like no other,” she said. “We have witnessed the world economy coming to a standstill. We are now in recession. It is way worse than the global financial crisis” of 2008. … [Read more...] about China mourns Covid-19 whistleblowers as Trump dismisses US face mask advice
We have teamed up with NHS Charities Together in their urgent Covid-19 Appeal to ensure the money gets to exactly who needs it. … [Read more...] about Great-gran, 99, becomes oldest Brit to fight off coronavirus ‘thanks to marmalade’
Coronavirus: Timeline of the global spread of COVID-19 More than a million On April 2nd the Johns Hopkins University announced on Thursday that there were more than a million confirmed coronavirus cases around the world. The US is the most affected with three times the number than China, where the virus emerged in December. Over 50.000 people have died — and the outlook remains grim. … [Read more...] about US accused of seizing face mask shipments bound for Europe, Canada