Government Announce Increase to ‘Chattels’
The government have announced an increase to the statutory legacy
for married couples and civil partners to take effect from 1st
February 2009. The statutory legacy applies when a spouse or
civil partner dies intestate – without making a will.
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Changes to the National Minimum Wage
October will see an increase to the National Minimum Wage (NMW)
but not the introduction of expected related legislation. From
1st October 2008 the NMW will be paid as follows:
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Home Responsibility Protection
A little-known scheme is available to help protect basic state
pensions for those with low earnings, or no earnings at all,
that have cared for a sick or disabled person or a child. Home
Responsibilities Protection (HRP) is available to ensure adequate
state pension provision is available.
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New Penalties for Causing Death by Careless Driving
New road traffic laws came into force in August creating new
offences relating to careless driving. For the first time, motorists
who kill while avoidably distracted at the wheel will face imprisonment.
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Stamp Duty Threshold Raised in a Bid
to Help Buyers
The government has announced a package of measures to help boost a struggling
property market, including raising the stamp duty land tax threshold by £50,000.
Brought in for a twelve month period from 3rd September 2008 to 3rd September
2009, a home must now sell for £175,000 before stamp duty is paid.
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To find out more about how we can help you, please contact Carvill & Johnson in Northfield, Birmingham.
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