Dealing with property income losses
Where a property business makes a loss, the loss can usually be carried forward and set against future rental business…
Tax guidance for landlords and property owners, including rental income, allowable costs, capital gains and ownership structures.
Where a property business makes a loss, the loss can usually be carried forward and set against future rental business…
HMRC has launched an unannounced crackdown on money laundering regulation non-compliance by estate
The Let Property Campaign provides landlords who have undeclared income from residential property
There are different rules which apply to different types of capital expenditure for a property business.
Unless rental income is less than £1,000, landlords must declare it to HMRC and pay tax on any profit made…
Most of our readers will be aware of the £1,000 property income allowance that came into effect on 6 April…
The definition of a finance lease can be difficult to pin down. In legal form a finance lease is just…
There are a number of scenarios in which a couple may decide to put a property which was previously in…
There are a number of issues that owners of more than one home should be aware of. An individual, married…
Rent-a-room relief was introduced to encourage people to let spare rooms in their own home in order to increase the…
Where a property is located in a holiday region, a consideration will be whether to let it as a holiday…
The following case study explores some mistakes that landlords may make when working out their tax liability. Harry and Sally…
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