“Tax planning” means arranging your business affairs so that you pay the minimum amount of tax that the law requires. It does not mean trying to conceal things from the Taxman, and it does not mean indulging in highly complex (and expensive!) artificial “tax avoidance” schemes.
Interest rates are expected to rise for the first time since 2018. Financial markets are forecasting that the Bank of England (BoE) will be forced to increase interest rates before the end of the year. Perhaps more startingly, markets are predicting that interest rates will increase to 1.00% by August next year. That is a […]
There is a lot for landlords to remember when taking on a new tenant and starting a tenancy. If you don’t hold to your legal obligations when starting a tenancy, you can be fined, prosecuted and prevented from serving your tenant a Section 21 Notice at the end of a tenancy. This 4 part blog series will break […]
Here at Landlord Vision we pride ourselves on building software that landlords want to use by constantly seeking feedback and acting on it. Our latest innovation that we’re about to launch is no different! In this behind the scenes post, we’re going to tell you what our new refer a friend programme is, how you […]
If you buy a property with the intention of selling it on at a profit in the short term, then even if you receive some rental income from it while you own it, you are trading and your profit from selling the property will be charged to Income Tax – and to National Insurance Contributions […]
Properties can make a fantastic investment. As an asset class, they have a long list of attractive characteristics. Whether it is their tangible nature, long-term track record, income production, or ability to utilise leverage, there is certainly something of appeal for everyone. However, property investment does come with one glaring barrier to entry: significant start-up […]
There are so many niche strategies open to you when it comes to property investing, here we’ll cover some of the more popular niches. This list isn’t exhaustive as there are probably as many different types of property strategy as there are property! But here we’ll look at some of the more common and relevant […]
It has recently been reported that Shelter has launched a new campaign focussing on landlords and Letting Agents. This isn’t new; Shelter relies on charitable donations and government funding to pay for their activities, so they like to ensure they are in the public eye. It is fundamental to their business plan to highlight to the public that some landlords and Letting Agents are operating illegally, and that Shelter is there on behalf of tenants to change […]
If you decide to let a room in your main residence, you can receive a rental income of up to £7,500 and have no tax liability.1
We’re back to answer more tax questions and help you figure out what tax reliefs you can take advantage of. This week we’ll be answering questions on property renovations, more specifically what tax reliefs are available when selling a property that has had renovation work.
If you’ve been letting out your property for some time, you’ll know lots of things can change with your tenancies. Landlord Vision can help to keep a track of these changes and in this post, we’re showing you how.
In a recent poll, the National Association of Residential Landlords (NRLA) surveyed 162 of its members to determine how many were unashamed DIY-ers. Of those that responded, a substantial 86 percent admitted to undertaking some form of decorating or repair work on their properties, with only 14 percent relying exclusively on professionals.
Similar to but definitely not the same as Self Contained Units, HMOs seem to be where the yields are at these days. This isn’t a strategy for the faint of heart though. For most people HMOs conjure the image of students, but this kind of living arrangement is becoming a lot more popular with different demographics as you’ll soon […]
According to the law, landlords must conduct gas safety checks on their homes by a gas safe registered engineer. All of your house flues, gas heaters, stoves, and pipes have to be inspected every year so that the safety of your tenants is assured.
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