Hello, buy to let was seen as the ideal ‘pension’ investment for those who didn’t have the luxury of a gold-plated public sector or final salary pension. But with landlords now struggling to make a profit, and actually losing money on…
Hello, buy to let was seen as the ideal ‘pension’ investment for those who didn’t have the luxury of a gold-plated public sector or final salary pension. But with landlords now struggling to make a profit, and actually losing money on…
Angela Rayner has slammed the allegations of tax evasion over her council house sale as a ‘smear’ in a BBC Newsnight interview.
The deputy Labour Party leader insists there was ‘no wrongdoing’ or ‘unlawfulness’ in t…
Hello, my son is in the process of inheriting a residential property from his late grandmother’s estate. He’s exploring the possibility of creating a deed of variation to transfer the property into his limited company.
However, I’m co…
April will bring a surge in Capital Gains Tax (CGT) bills for landlords, with 89% of higher-rate and all lower-rate taxpayers being affected, research from Hamptons reveals.
That’s because the annual personal allowance for capital gains is set to…
Before you buy another property you need to understand this …
The correct ownership structure is a vital ingredient to your success as a property investor. The following Case Study and explanatory notes explain why, by comparing a property private rent…
Landlords and owners operating furnished holiday lettings (FHL) may still be reeling from Chancellor Jeremy Hunt’s announcement in the Budget that tax relief will be abolished from 6 April 2025.
Now tax accountants BDO have revealed what the fina…
Chancellor Jeremy Hunt is expected to announce a £300 million tax crackdown on second-home owners who rent out their properties to tourists in the Budget, The Sunday Times reports.
He will scrap a series of tax breaks for landlords who use the furnishe…
There is widespread confusion among tax professionals at the moment based on HMRC’s Extra Statutory Concession D32 “ESC/D32”.
The ESC/D32 concession is over 50 years old and unlike many other HMRC concessions has never been adopted in…
The property market saw a decline in the number of homes purchased by landlords in 2023, but this did not stop the growth of buy to let companies with a record 50,004 new limited companies being formed, research reveals.
According to Hamptons
The number of unincorporated landlords in the UK’s private rented sector (PRS) has increased to 2.82 million in 2021 to 2022, according to new data from HM Revenue and Customs (HMRC).
The data, based on Income Tax Self-Assessment (ITSA) returns
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