6% Of Law Firms Suffered A Data Breach This Year
The Law Society have released their findings into the use of Professional Indemnity Insurance. Worryingly, 32% of law firms reported being targeted by cyber fraudsters in the last year. In particular, law firms have reported significant increases in spam emails and sophisticated phishing attempts. This equates to a 25% increase in cyber attacks compared to […]
Conservative Policy Increases Stamp Duty For Foreign Buyers
The Government have announced plans to increase the Stamp Duty Land Tax on foreign buyers. The policy aims to increase the current additional tax from 1% to 3%. During the unveiling of the new tax, the Prime Minister claimed that 13% of London based homes were bought by foreign buyers; a percentage that is taking […]
RICS supports stamp duty reform to benefit entire housing chain
The Royal Institution of Chartered Surveyors (RICS) has called for a stamp duty cut to “rebalance the UK housing market and reignite activity across all tenures”. The petition, which forms part of calls for a more comprehensive housing tax overhaul, follows the publication of the latest RICS Residential Market Survey. The survey is used by […]