I want to begin by asking you to please respond to this government consultation because it addresses a huge issue for many HMO landlords. Please do it now because it closes on 31st March 2023.
I want to begin by asking you to please respond to this government consultation because it addresses a huge issue for many HMO landlords. Please do it now because it closes on 31st March 2023.
In December 2022, the government announced its decision to delay introducing Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) for two more years until April 2026.
You probably hate having to do your tax return each year. Let’s be honest, who does enjoy it? If you’re a UK landlord and would like to make completing your Self Assessment tax return easier, then follow our four simple steps…
So, you’ve recently joined the ranks of the UK’s 2.6m private residential landlords and need to report taxable rental income via Self Assessment?
As 2022 comes to an end it’s no wonder that landlords are concerned and confused when, on our little island, we have three different legislative regimes to contend with.
With prices across the board rising faster than they have for decades, many of us are watching the pennies more carefully, tightening our belts, and looking for ways to cut costs. That includes the UK’s 2.6m private landlords, many of whom can’t put up the rent they charge because tenant’s wages aren’t increasing anywhere near […]
Keeping your costs to a minimum is advised when starting a business because it means you can pay off your start-up costs sooner and then start to make a profit. Also, you risk losing less money if, in the end, the business doesn’t get off the ground.
As an existing or prospective landlord, there are three main options available when it comes to buying property. You can either:
Short-term vacation rentals are a great way to boost your income and with regular bookings, a holiday property can even outperform a standard rental property.
In this post, we will be answering some tax questions about capital gains tax. Here, learn how other landlords have worked out their CGT, how they minimise this tax bill, and how capital gains tax can change if you move abroad.
The UK’s private rental sector can be a minefield of regulations andd compliance requirements. For new landlords especially, navigating these requirements can be a daunting task. To help, Landlord Vision have put together a list of the 7 key compliance requirements that all landlords should know:
With the 2021-2022 tax year coming to an end in April and rising mortgage rates denting the profitability of buy-to-lets, it is more important than ever that British landlords make full use of the tax reliefs available to them. For any landlords in doubt about what they can and cannot claim, seeking the advice of […]
If you have a mortgage on your investment property, then it is highly likely that you will consider moving to another lender at some point. The main reason for this is because you will be trying hard to find a better mortgage deal!
This post will help you to understand what is meant by the term fixtures and fittings and when you can offset the replacement of them against your income tax.