If you sold a property before 6th April 2020, and rented out the property for part of the period of your ownership, then it is likely you were eligible for private letting relief.
If you sold a property before 6th April 2020, and rented out the property for part of the period of your ownership, then it is likely you were eligible for private letting relief.
Each year we cycle through four seasons, putting up with freezing rain for weeks, and later making the most of the sunshine and heat. But many of us fail to realise that the property market gets affected by changing seasons too.
Tax Tips Q&A is back for 2022! This month we will be answering questions all about tax returns and self-assessments.
Most items that have been entered into Landlord Vision can be edited and anything can be deleted, though in some cases you may need to delete a payment first. Here is a guide to what you can and cannot do when it comes to editing and deleting.
For many, a discussion on the intricacies and variations of UK tax policy might be compared to a form of long-lasting monotonous punishment. However, a recent London School of Economics (LSE) report commissioned by the National Residential Landlords Association (NRLA) draws some very interesting conclusions. The report compares the UK’s current tax regime with those found in comparable nations, such as France and […]
For the fourth and final instalment of ‘A Start of Tenancy Checklist’, this section will list what you need to do once your tenants have moved in.
In this post, we look at the tax liabilities directors may have in relation to the company they work for.
Whether it is in business or in life, the ability to manage one’s finances is a key requirement on the path to financial success. Landlords can appreciate this fact more than most. Regular mortgage payments and numerous expected and unexpected costs necessitate that landlords be on top of their cashflow. As such, it is important to ensure that you […]
Good bookkeeping is as important for landlords as it is for any other business owner. Without thorough, accurate financial records, you can’t possibly build up a realistic overview of what’s happening in your business. It’s essential for monitoring performance, planning ahead to manage your cash flow, and dealing with the challenges of HMRC.
As a trader in property, the land or properties you buy for development and/or resale are your trading stock or work-in-progress. In this post, we look at how to make the most of your property development by learning the most tax efficient way to handle your trading stock.
Landlords and leaseholders find themselves stuck in a frustrating limbo, as the government and trade organisations lock horns over the requirement for leaseholders to provide an up-to-date EWS1 form when a property is valued.
So, we’ve previously looked at what you should do before finding and accepting a tenant to live in your rental property. In this post we’re going to be listing all of the things you need to do before you hand over those keys and your tenant officially moves in.
Do I need an EPC for my HMO? THAT HAS BECOME A VERY IMPORTANT QUESTION. The colder it becomes the more I think about the need to get rented properties up to a C. I always begin planning when new regulations are mentioned and 2025 will soon come around. In the meantime, investigating the options […]
Water damage may happen when you least expect it. With this, it is essential to be prepared for the scenario and the potential damage it may inflict on your property. Having a damp proof course or DPC is the best way to protect your property.