Furnished Holiday Lets – Tax Considerations
The notorious changes to mortgage interest claims for buy-to-let landlords resulted in a huge interest in Furnished Holiday Lets, given their more favourable tax treatments, and especially given they are …
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HMRC Let Property Campaign – Summer 2019 Update
The HMRC Let Property Campaign was launched in September 2013 to make it easier for landlords to get their tax affairs up to date. Whilst many landlords have already received …
Cash Basis – What Does It Mean For Landlords?
Historically, individuals have been required to calculate their rental profits using what is known as an “accruals” basis. However, from 6th April 2017, for many individuals, the standard basis to …
Simple Guide – Capital Gains Tax On Property
One of the most important and significant taxes that landlords pay on their Buy to Let properties is Capital Gains Tax (CGT).This tax becomes payable when the landlord sells a …
Is It A Capital Cost, Or Is It A Revenue Cost?
Most landlords, when new to the industry, are genuinely surprised when they find out that they can’t claim every bit of expenditure back against rental profits. This article explores the …
Property Landlords – Can you claim a stamp duty rebate?
In the wake of a recent ruling regarding stamp duty rates on second homes, UK landlords have been urged to take a look at their property purchases to see if …
A Place In The Sun! – A Simple Guide For Non-Residents
Many people have a dream of retiring to sunnier climes – not least in the midst of a cold British winter – and landlords are no different. In today’s blog, …
To Sell Or Not To Sell? Capital Gains Tax Changes
The October 2018 budget brought even more changes for landlords, with the latest attack on landlords focused on the sale of rental properties and Capital Gains Tax. So if you …
7 Deadly Sins (Of Tax!) And How To Mitigate Future Problems
In this blog, we look at 7 tax “sins” and explore the best way to mitigate any future problems. Splitting rental income incorrectly Spouses who jointly own property need to …
A to Z of CGT – The Basics of Capital Gains Tax
With Section 24 the hot topic for landlords in recent times, many landlords have been considering their options. Whilst there are possible ways to mitigate the changes, some landlords have …