Simon Lever, Author at Property118

Simon Lever

Reply to the comment left by Basit Ghafoor at 02/03/2026 - 12:22You could try Steven Conway at Landlords Lawyer in Radlett.

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"Is it true, that landlords above pension age are exempt? I heard this on a YouTube video, but I’m not sure if its a fact." – 11:17No – absolute rubbish! There are so many social media posts about tax that...

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Reply to the comment left by Ed Tuff at 05/02/2026 - 09:55The expression "income" and "earnings" are misleading. The £50,000 threshold is the gross rents received. It is the figure that is put in the "Total rents and other income...

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Reply to the comment left by Jo Westlake at 10/09/2025 - 10:07Hi Jo The software you have detailed is good at what it does. However, as with all software you have to make sure it has the tools that you...

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Talking about 8% NI on rents will mean that the actual increase in rents will have to be around 11% to just stay at the same level of income. Here are some simplistic calculations: Assume that the current rent is...

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How about this for a thought: Why not just get rid of National Insurance for individuals. Instead increase income tax rates. NI is currently at 8% and IT at 20% for basic rate taxpayers/ If NI for individuals was abolished...

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Putting VAT on residential property is an interesting concept. One that I hope will never come to fruition as the unintended consequences will be catastrophic. For a commercial property electing to charge VAT is an option, not a certainty. If...

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With over 50 pages of amendments tabled it would be intersting to know how many amendments were put forward by non-landlords. I suspect that it is the old story of selecting facts to suit an agenda.

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"... Baroness Taylor of Stevenage, claims the Renters’ Rights Bill will help landlords with rogue tenants." - How?

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Reply to the comment left by Neil Patterson at 17/04/2025 - 09:45@ Neil I am not sure that I agree that no PPR is claimable on the sale of the ground floor flat. From 1989 to 2009 the whole property...

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“This means private renters would need to earn more than £31,000 for a standard apartment and £55,000 for a three-bed, not including bills, food, or other living costs.” This is just not true. The figures would have to be paid...

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MTD is not new, it has been on the cards for 10 years now. If you have self employed income and/or property income then you will be required to submit quarterly MTD returns. Separate returns will be required for each...

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You can set up property alerts with HM Land Registry which send you e-mails if there is any movement on a particular property. May not give you advance warning but it will tell you within a day or two of...

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"To tackle these issues, Labour says it will also unveil a new licensing scheme and tougher standards." - guess who is going to end up paying for another licencing scheme.

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Somebody please give all the tenants the phone number for Shelter. Surely such an esteemed organisation will take up arms to protect the downtrodden tenants who are being evicted through no fault of their own.

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HMRC delay causes me to pay more tax?

2nd October 2024, 2 years ago

As long as the form 17 is correctly completed and submitted to HMRC there seems to be no reason why you cannot split the income in the required proportion form the date of the declaration. The full rules are set...

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Reply to the comment left by Z S at 23/08/2024 - 00:21Sorry to hear of your situation. It is bound to be stressful but it would be interesting to hear how you get on. Make sure you talk to Shelter...

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Interested to know on what grounds the tenancy would be ended. Section 21 - the so called "no fault" eviction - will not be available once the government passes the legislation - surely before 2026. I cannot see a reason...

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If you are a tenant in a property and decide not to pay the rent then any eviction would make you worse off as you would either have to pay rent elsewhere (worse off financially) or you would have to...

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Keir Starmer: Not all landlords are evil

22nd July 2024, 2 years ago

"Not all landlords are evil" by the same token not all politicians are liars.

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Showing 20 of 193 comments

Simon Lever

Simon Lever


Registered with Property118.com

15th June 2015

Total Posts

0

Total Comments

193

Bio

I am an experienced Chartered Accountant with an interest in all property matters.
I have many clients who have portfolios of properties.
We assist them in managing their properties so that they are tax efficient and structured so that our clients can achieve their long term goals with property ownership.
If you are a property owner who does not feel that their current accountant understands the property market or the best tax advice that can be given then visit our web site and book a free 15 minute online zoom meeting with me to discuss your concerns.
www.stewartpartners.co.uk