To all our valued customers,
Our primary concern is the wellbeing of our loved ones, and that of our staff and customers, and we sincerely hope you are safe and well.
For several weeks we have been preparing our business to ensure we can continue to provide legal services during the Covid-19 outbreak.
Our business model is already built around smart working, with our technology designed to support over 200 lawyers who already work from home, reducing the need for social contact.
The information here outlines how we will continue to operate and what adjustments we are making to ensure the safety of our clients and staff.

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The Autumn Statement – what’s in it for individuals?

Many this week were poised waiting for the Chancellors Autumn Statement to see what it would bring for families and individuals.

Despite what has been heavily banned about in the media, there was no introduction of a mansion tax and more surprising, no rise in the higher council tax bands. Therefore not much change for those at the top of the ladder, but there was news of 120,000 new homes which will begin to be built. This will help those trying to get on the property ladder but also stimulate the job market by creating more employment and in turn stimulate the construction industry. Mr. Osborne chose also to help jobless residential property owners with the extension for another year of the mortgage support interest payments. This benefit is paid directly to the lender and helps home owners manage the interest of their property loans.

Another relief seen for individuals in the Autumn statement was the plan to increase the threshold for inheritance tax (IHT). The level will rise from £325,000 to £329,000 by 2015/16. This is a rise of 1%.

The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.

Setfords Solicitors are a national full service law firm, with private client Solicitors in Epsom and across the country.