Grumpy Doug, Author at Property118

Grumpy Doug

Don't waste too much time. Just chuck in some provisional numbers for Q1-Q3 and then go through your normal process at the end Q4 to get the real numbers and voila. I'm using the template and services of mytaxdigital

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I think you've been very lucky to get away with that so far. I'm 11 months running from 1/9 through to 31/7 but I'm expecting this coming year to be a tad tricky – I know many of mine will...

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Reply to the comment left by Person Of The People at 25/07/2026 - 13:38I cancelled my NRLA membership which was due for payment this month. One of their whiny oiks rang me to find out why - gave me great...

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Reply to the comment left by Whiteskifreak Surrey at 22/07/2026 - 11:32Increase the rents for the first 8 months by 30% and then offer the final 3 months on a short term let at £10 per month

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I concur with others – mytaxdigital. I used their standard template which fits my requirements so far. Account setup nice and easily. I'll be leaving it to the last minute for my first quarter but that's just me – bloody...

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"with rent growing faster than our wages for 11 of the past 15 years ..." Now let me see, what happened 11 years ago? Oh yes, Osborne announced Section 24, withdrawal of wear and tear relief, and started the war...

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Poppycock really has got his head in the sand on this one. I'm surprised he didn't trot out his usual "the PRS has doubled in size since 2002" nonsense – a meaningless statistic using selective dates. Listen Poppycock – get...

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Reply to the comment left by Sally Robinson at 12/06/2026 - 12:17Hi Sally, if you can manage a simple excel spreadsheet, you should go with a bridging solution. Ie, you fill in a standard template and it gets uploaded by...

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The extra 2% tax rate equates to an extra 10% tax payable for a basic rate taxpayer (20% to 22% is a 10% increase). My thicko MP eventually conceded that after explaining to him half a dozen times. Just the...

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Economics for Dummies - Chapter 1 - Supply and Demand explained to the hard of thinking. Page 1, paragraph 1 - when demand is increasing, don't screw the suppliers because prices will rise. End of subject.

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"The private rented sector has doubled in size since the early 2000s" Lies, damned lies and statistics. They keep trotting out this completely useless and meaningless statistic. We all know that the PRS peaked in 2015/16 ... it has since...

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Hi Karen, HMRC have a list on their MTD webpages. Alternatively use your friend Google to see what's out there. If you're technically "challenged" as many of us oldies are, look for a provider that offers a standard Excel template...

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It's not a coincidence that these numbers started shooting up just as S24 started to kick in. My argument to my completely useless faux Tory MP at the time was just this - if the cost of a tax (temp...

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Reply to the comment left by Dennis Forrest at 13/03/2026 - 07:23Alas, it's £20k from April 2028. Hopefully it will have all fallen apart by then. Minimise the hassle by using a simple Excel bridge (mytaxdigital, 123sheets etc), just shove...

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Reply to the comment left by Dennis Forrest at 12/03/2026 - 11:55It's £30k from 2027 so you'll be caught I'm afraid

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Reply to the comment left by Sue P at 10/03/2026 - 09:51Take a look at mytaxdigital co.uk I'm on hols at the moment but that's my plan when I get back. There are others - 123sheets etc

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They're obviously flaky. Do other landlords a favour and contact all the obvious letting agents to warn them. I had a group that pulled that stunt on me a few years ago and did just that. I like to think...

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The last house I sold was in 2018 and had planned on sticking with the rest of them for the foreseeable. Like many though, I've decided to really consolidate down to my best 2 or 3 so bit the bullet...

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Reply to the comment left by Peter Merrick at 14/01/2026 - 10:10Poppycock spotted that Osborne trousered £650,000 per annum from BlackRock for a few days work per month and obviously wants some of the same action. Some would accuse him...

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Reply to the comment left by David Lawrenson at 12/01/2026 - 14:44David, MTD was a George Osborne brainwave (who else!) and also affects all self employed with revenues over £50k in 2026 as well, so it will be utter carnage!...

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Grumpy Doug

Grumpy Doug


Registered with Property118.com

5th January 2016

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