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Welcome to the Hethertons Solicitors Private Client Newswire

In this edition, we look at a wide range of issues affecting you, your family and your life plans including:

  • The effect of long-term illness on unemployment.
  • Delving deeper into the recent divorce statistics.
  • What does the former Chancellor’s cut to Stamp Duty Land Tax (SDLT) mean for you?

If you have any feedback on this latest edition or would like assistance from our team, please contact us.

The effect of long-term illness on unemployment


 

The unemployment rate is at its lowest for almost 50 years, according to official figures from the Office for National Statistics (ONS) – but economic inactivity is on the rise due to long-term illness.

The number of those out of work dropped to 3.5 per cent in the three months to August, with many companies struggling to recruit.

 
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Delving deeper into the recent divorce statistics


 

At first glance, the recent Family Court Statistics appear to show a straightforward increase in the number of divorces. But delve a little deeper and they reveal so much more.

Consider who has to pay for the divorce application fee. For sole applicants, this is usually the person that files for divorce.

 
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What does the former Chancellor’s cut to Stamp Duty Land Tax (SDLT) mean for you?


 

The former Chancellor’s hat at the mini-Budget last month was full to the brim with what he was keen to present as rabbits, one of which was a set of major changes to the thresholds for Stamp Duty Land Tax (SDLT).

In short, the thresholds for first-time buyers have increased from £300,000 to £425,000 on property worth up to £625,000, while for everyone else, the threshold has doubled from £125,000 to £250,000.

 
Read More
 
 
 

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