Repairs and improvements – What is the difference and why does it matter?
Work may be undertaken on a property to repair it or to improve it, and it will not always be…
Tax guidance for landlords and property owners, including rental income, allowable costs, capital gains and ownership structures.
Work may be undertaken on a property to repair it or to improve it, and it will not always be…
The cost of living crisis has impacted on people’s ability to take holidays and short breaks. If you are a…
It is possible to enjoy tax-free income from property, even if you have already used up your personal allowance. This…
HMRC have recently published a spotlight warning landlords to avoid schemes offering hybrid property arrangements that purport to save tax.…
Letting holiday properties, particularly in coastal resorts, may have a strong seasonal bias, and when business is slow during the…
Landlords coming to the end of their fixed rate mortgage deal are likely to be paying considerably more in interest…
Recent tax changes, in particular the interest restriction for unincorporated property businesses with residential lets, have resulted in more landlords…
If you have a spare room in your home, you may consider letting it out to raise some much-needed cash…
Landlords who have benefited from rising property prices in recent years may wish to consider releasing equity now in case…
Furnished holiday lettings are generally liable to business rates rather than council tax. This can be very beneficial, particularly where…
Under English law, there are two ways in which property can be owned jointly – as joint tenants or as…
If you let a furnished property, it is very likely that you will need to replace domestic items from time…
Book a free initial consultation with Makesworth’s chartered accountants.
Book a consultation 020 7993 8850