May 19th 2017
New tax-free allowances for trading and property income are available for 2017/18 and later tax years. The allowances, each set at £1,000, mean that trading and/or property income no longer needs to be reported to HMRC where the income is less than £1,000 in the tax year.
August 31st 2016
Nobody enjoys paying tax. If you own a property business or you’re looking to invest in the property market, the recent tax changes impacting the property industry could be another painful blow for you.
August 9th 2016
Buy-to-let landlords need to start considering their options, in particular, those who have borrowed heavily in order to build their property portfolio.
July 14th 2015
Savers and investors (including property investors)
George Osborne has presented his first Budget without regard for coalition partners. The measures he has introduced recognise the need to incentivise individuals and businesses, with the promise to balance the nation’s books and reduce debt. We have summarised below some of the more impactful changes affecting savers and investors.
October 3rd 2014
If a property is let furnished - with sufficient furniture, furnishings and equipment for normal residential use – landlords can only claim tax relief for the furniture and equipment by way of the WTA. Prior to April 2013, landlords had the option of claiming the cost of replacement furniture instead.
Please see our recent news articles below.