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What the Employment Rights Bill could mean for property agents
The UK Government introduced the Bill to Parliament on 10 October 2024, proposing significant changes to workers' rights and employer obligations across everything from sick pay to trade union membership. Described as the biggest upgrade to employment rights for a generation, the legislation aims to help create secure economic growth, provide better support for businesses, and raise living standards across the UK.
Economic Crime Act: new guidance for agents on information sharing
The Department for Business and Trade (DBT) has published in-depth advice for anti-money laundering (AML) regulated firms to explain the legal protections around sharing client data. The Economic Crime and Corporate Transparency (ECCT) Act 2023 introduced provisions that allow businesses to tackle AML by voluntarily sharing and receiving information, however, agents have raised concerns that they may be liable for breaches of confidentiality.
Self-assessment tax returns up-to-date guidance
For many property agents, self-assessment tax returns are the norm. Created in 1996, self-assessment has streamlined tax collection for those with untaxed income who declare and pay tax on it and has evolved into an online mechanism for digital tax returns.
MHCLG joins forum to hear directly from Propertymark Regional Executives
Officials from the Ministry of Housing, Communities and Local Government (MHCLG) spent 90 minutes with Propertymark Regional Executives to listen to the specific concerns of members’ and their client's about the proposed legislation. Strong challenges were expressed on the removal of fixed-term tenancies, with compelling evidence of the impact on tenants and landlords. Executives also made a clear case for more clarity on areas including reasonable grounds to refuse pets and the ability to take rent upfront.