Topical Issues Flashcards
1
Q
What is the current BOE base rate?
A
5% as of August
2
Q
What is current rate of inflation/
A
2.2% as of August
3
Q
What are some of the potential changes in the Autumn Budget?
A
Potentially significant changes to taxation, including capital gains tax
4
Q
are you aware of any proposed changes to the Red Book?
A
Consultation period started in August and the revised Red Book Global Standards is expected to be published in late 2025, becoming effective in Jan 25.
- some of the proposed changes include new content on modelling and guidance on automated valuation models