Alan Bromley
Alan Bromley
Registered with Property118.com
31st August 2014
Total Posts
0
Total Comments
45
Bio
Portfolio of just 4 flats and one student studio apartment, plus a half share in two commercial properties.
Registered with Property118.com
31st August 2014
Total Posts
0
Total Comments
45
Bio
Portfolio of just 4 flats and one student studio apartment, plus a half share in two commercial properties.
1st August 2026, 3 days ago
Yes, my accountant uploads the Excel template I give him to TaxCalc. I'm really relieved it's not more complicated, I was dreading MTD.
Read More →1st August 2026, 3 days ago
Hi Martin - I reformat the BankTree Excel download to make it match the TaxCalc template my accountant has given me. That is, I ensure the columns match so I can just copy and paste from one to the other....
Read More →1st August 2026, 3 days ago
I tried Apari for one year, mirroring my tracking with BankTree, but I had to enter everything twice and, at least the year I tried it, you could not see their tax calculation. The bank-linked software is no good for...
Read More →28th July 2026, 1 week ago
Well, if I'm going to 'chuck' some provisional numbers for Q1-Q3 I might as well put in the actual numbers. I take your point in that you can correct the data in the last quarter but for me it's proved...
Read More →28th July 2026, 1 week ago
Hi Ian, my accountant is using Taxcalc and there's a downloadable Excel file for landlords on their website. There are only 14 filing codes, apparently all that HMRC need. I don't know whether my accountant will use these codes/categories in...
Read More →27th July 2026, 1 week ago
I don't think it's true to say that there are no penalties. HMRC are going to be lenient in the first year but I believe there is a legal obligation to submit quarterly figures. I did mine, via a spreadsheet...
Read More →18th December 2025, 8 months ago
Thanks Paul, this is very useful. I was aware of some of this and am currently waiting for a copy of the title plan from the LR to add to the letter I will send to the landlord in the...
Read More →7th August 2025, 12 months ago
According to my accountant, anyone who does not pay tax via PAYE, or who is taxed at source via a pension scheme, is likely to have to join the MTD scheme in the future. HMRC are selling it as a...
Read More →6th August 2025, 12 months ago
In a recent conversation with my accountant, a medium sized firm in Brighton, he said that they are still in the dark about the proposed procedure and that the 'approved' software still has many bugs. If you use an accountant...
Read More →26th April 2024, 2 years ago
I tried Apari for 2022-23, which says it will be MTD compliant, but it was a real faff for just 5 residential and 1 commercial properties, particularly as I already input my financial data into Bank Tree, one of the...
Read More →18th May 2023, 3 years ago
My accountant seems to think that MTD will result in paying tax as you go along, rather than paying money on account base on the previous year's tax return, but I've not had that confirmed. For those of us with...
Read More →2nd May 2023, 3 years ago
I have a student studio apartment in Chester and have had two defaulting tenants since 2016. The property is managed by an investment company that operates in the student lettings market, I won't mention its name. The first time the...
Read More →Reply to comment left by Andrew Dove at 19/12/2022 - 19:35
Reply to the comment left by Andrew Dove at 19/12/2022 - 19:35Thanks Andrew for your comments on APARI, I may take on a subscription and explore further. It seems to do what I need but I realise that there are...
Read More →19th December 2022, 4 years ago
I have looked at a number of options but I only have 5 residential and one commercial property, plus pension income, and most programs are designed for larger investors or small businesses and have features that I don't use, such...
Read More →8th September 2022, 4 years ago
All my flats have 'Yale' locks that require a key to close from the outside, and the turning of a knob on the inside to lock the door. This avoids the tenant locking themselves out.
Read More →30th August 2022, 4 years ago
Just a comment about Economy 7 as it's been mentioned here. It's worth checking how much night-time vs daytime electricity is being used because while the night tariff is very low, the day tariff will be very high: currently with...
Read More →31st December 2020, 6 years ago
Thanks for the update Wendy, I'll be interested to see how it goes and I wish you luck. I have a 2-bed flat in Hove which I let it to a couple and the brother of the woman in the...
Read More →13th November 2020, 6 years ago
This surely depends on your personal circumstances: your age, whether you have dependants, whether you plan to sell the property in your lifetime, and so on. If it's more a source of income than an investment it may not be...
Read More →12th November 2020, 6 years ago
My own experience here with Wealden District Council and the installation of a garden room suggests that you may need planning permission if there is plumbing of any kind. Our room was to be used as an artist's studio and...
Read More →3rd July 2020, 6 years ago
You seem a bit confused as to your rights as Freeholder. The flat could be sold by whoever inherits it, whether that is a beneficiary in a will (who could also choose to live in it) or the Crown if...
Read More →Showing 20 of 45 comments