News & Press

With changes to the taxation of landlords, more and more people are wondering whether they should be setting up a company for their rental business. Much of the interest in this idea has been sparked by the press and stories...

Taxation… it’s one of those things that nobody really likes to face head on, but of course it often becomes extremely important to understand the rules (and changes to rules) to ensure that you are best equipped to plan for the future. In...

Annual Tax on Enveloped Dwellings (ATED) ATED is an annual return and a charge on companies and certain other entities who own dwellings. This is required at the point of purchasing a house worth over £500k, and then every year after. Various...

Knowing what is required and what the options are allows lenders to plan and prepare their business for a future event. Below are the main accounting policies that are most likely to impact lenders. Profit and Loss Accounts for...

We are seeing more and more people come forward to declare rental income that previously had not been included on their tax return. More often than not, this is being triggered by letters sent out by HMRC. HMRC now have direct access to HM...

The buy-to-let market is changing, and, with a raft of government reforms introduced over the past few years, including new laws for private landlords and changes in taxation, it’s more important than ever to stay informed. So, whether you’re...

Tax Deductible Expenses for Landlords When you let out a property, there will be inevitable items of expenses which are incurred. It is important to understand / know which of these items will be deductible against your rental income for the...

In recent years, HMRC have used a number of campaigns and amnesties to target particular groups of taxpayers.  Usually for a defined period of time, taxpayers who fall within that group have a period of time to come forward to rectify their...

Whether you’re a first-time landlord or an experienced investor, managing a rental property can be tricky, with all the same challenges and time constraints as any other business. To make life a little easier, we’ve compiled a list of handy...

Whether you’re an experienced investor or a first-time landlord looking to dip your toe into the market for the very first time, VAT can be a complex and often confusing issue. In this article, we’ll look at some of the ways in which VAT can...

The last few years have seen a number of controversial changes to the UK tax system, and for buy-to-let landlords, the new legislation has proved particularly costly. Cuts to tax relief and hikes in stamp duty have seen profits from...

After months and months of debates, discussions and quite possible arguments, it seems like we are now still nowhere nearer to knowing if (or possible not) Brexit will occur on October 31st 2019. With this in mind, as a tax adviser, many of...