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So excited to announce that we won the Small #Planning Consultancy of the Year award in the national #RTPIAwards 2020 #AtriarcPlanning @RTPIPlanners @RTPICymru rtpi.org.uk/events-training-…
Wayne Reynolds retweeted
Vistry takes ‘difficult’ decision to cut operating regions by more than half as part of restructure that will reduce headcount dlvr.it/TWD7ZW #ukhousing
Wayne Reynolds retweeted
An interesting story in the Times which highlights the foolishness of giving HMRC the power to take money straight out of people's bank accounts.
Tax lawyer Simon Evans only found out that he apparently owed HM Revenue & Customs money when it was extracted from his bank account.
Last month he got a letter from HMRC to say it had taken £2,300 out of his account because it claimed he had unpaid tax. “There wasn’t a dispute, we’d never heard from HMRC nor had our accountant who has handled our taxes for many years,” Evans said.
“It turns out that HMRC had sent letters to an old address in London that we haven’t lived at in years,” he said. “This is despite the fact that all of our Companies House and tax returns are up to date with our correct address and our accountant’s address."
“If we owed this money we would of course have paid it. We wanted to know if there had been an administrative oversight, but over several calls no one at HMRC could tell us what we owed, or from what period it was owed. Our accountant is still trying to get to the bottom of it."
This is what happens when you give an incompetent public sector bureaucracy the power to take money out of people's bank accounts.
Wayne Reynolds retweeted
To be involved in the 'Your First Home' scheme, house builders will have to pay a 1% tax on the first 100 homes, a 3% tax on the next 150 homes & then a 4% tax on more homes.
#ukhousing #ukconstruction #AutumnBudget2026 #Budget2026
Wayne Reynolds retweeted
OBR cuts housing forecast by 190,000 homes over next five years: Watchdog blames economic challenges and increased regulation for reduced activity dlvr.it/TW5YNb #ukhousing #housing
Wayne Reynolds retweeted
Proposed “administrative” change to self assessment will have a big hit on farmers, investors and the self employed from 2029. It appears HMRC wants to accelerate the payment of self assessment tax meaning these people will have to find their tax payments earlier, and potentially on money they haven’t even earned yet! Great for HMRC’s cash flow, much worse for the people having to fund cash earlier.
Wayne Reynolds retweeted
The hidden tax measure in the Budget is huge for people paying tax under self-assessment - sole traders, partners, landlords, retired investors.
For 6th April 2028-29, you currently pay 50% of your income tax late in the tax year in question (in January 2029), 50% just after the year end (in July 2029) with any make-up payment in January 2030.
Under the new proposals you will pay your tax perhaps monthly or quarterly (TBC) from April 2029 onwards. A rough analysis suggests the impact is to draw about 50% of your tax bill forward, a huge cashflow boost to HMRC and a significant funding issue for the self-employed.
The Treasury recognises this, and expects to raise £1.3bn of additional tax in 29/30 as a result of this change.
The cashflow impact of the accelerated charge will send some businesses to the wall.
Controversial to say as a private sector planner, but the HTB 2.0 scheme has set some pretty high income thresholds. Pumping the mkt, attempt to save the mkt or a whole lot of both?
bbc.co.uk/news/articles/c6n8…
It would be far better to review build cost inflation vs additional costs from tax and regulatory changes to stabilise the market over the long term. If there was a political will, there would be a much better way to get the UK building again, from SMEs through to major players
Seems a timely news story on UK house building targets.
ft.com/content/285af47d-a0cc…
SDLT/ LTT reform for long term vacant resi or commercial sites; incentivise employment by offering tax breaks for hiring staff, and; employment regs need to be reviewed as incentive to hire has been eroded
Any more to add @alexgroundwater? I’m sure there are far more under the surface
Wayne Reynolds retweeted
Developer, British Land has downed tools on one of London’s largest regeneration projects “warning sign that the viability of residential development in the UK capital has reached crunch point.” In other words…not commercially viable. Until the economic mood music changes and rates fall, many a development in the Capital will languish - a promise yet to be fulfilled. @BloombergUK
bloomberg.com/news/articles/…
Wayne Reynolds retweeted
The Taff could take years to recover from GE Aerospace’s accidental leak of kerosene into the river last week, according to a former hazardous waste specialist for @SWFireandRescue.
bbc.co.uk/news/articles/c8vg…
Wayne Reynolds retweeted
Wales and England are diverging fast on renting. Rent data from 2027, rent regulation being explored, Rent Smart Wales fines of over £200k in 13 months.
If you let property in Cardiff, come and hear what's coming. Tomorrow, 6pm, County Hall. #RentingHomesWales
Interesting thread
1/ Landlord asked for £50 more. Tribunal cut the rent by £200, below what both sides agreed at the start.
I warned a year ago the Renters' Rights Act was rent control by the back door. Its defenders said this wouldn't happen.
It just did.
#RentersRightsAct
Wayne Reynolds retweeted
We appear to have a local councillor moonlighting as Prime Minister…this focus on soundbites & sideshows over substance is utterly risible…
Wayne Reynolds retweeted
£2.99 in England. But £5.50+ by law in Wales.
End the Welsh Government's brutal war on stubbies.






















