simonthebeancounter@gmail.com, Author at Property118

Reply to the comment left by LaLo at 10:38 There has never been a VAT rate of 2.5%. Maybe you were thinking of 12.5%, which became the new Higher Rate in 1976? When VAT was introduced by Heath's government on...

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Isn't there a rent freeze of sorts coming anyway on 1st May since rents cannot be increased for 12 months under the RRA?

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Reply to the comment left by Jo Westlake at 25/03/2026 - 08:12Your own accountant should be able to file MTD end-of-year tax submissions. But if not, let me know as, being a qualified accountant, I have the appropriate software to...

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My soon-to-be-ex wife owned 2 house cats (both now deceased); they never went out. Though generally well-behaved, they would vomit, poop & wee just about anywhere that took their fancy. And I do mean ANYWHERE. Open suitcases was a really...

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Reply to the comment left by Judith Wordsworth at 14/02/2026 - 14:52You are referring to the Landlords Database, whereas the article says: "HMRC will require customers to provide an email address or mobile phone number" It doesn't mention the requirement...

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This is shocking. Self Assessment Tax Returns explicitly state that a taxpayer's phone number need only be given, if the taxpayer is happy for HMRC to have that information. So how come there can be a penalty for not providing...

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The goalposts keep shifting like desert sands, so, in all likelihood, a current EPC of C will not be satisfactory come 2030, the bar having been raised even higher and at what cost. No, it's time to fold my cards...

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A very sensible and thoughtful article. Thank you.

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A Major CGT Bombshell Hidden in the 2025 Budget

27th November 2025, 6 months ago

Not all doom and gloom as this article has overlooked two somewhat important criteria. So not everyone is going to be affected. For Incorporation Tax Relief to be given it is necessary that the ENTIRE business, i.e. ALL assets (tangible...

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Reply to the comment left by Mark Ripley at <a href="26/11/2025" rel="ugc">https://www.property118.com/autumn-budget-2025-landlord-reactions/comment-page-4/#comment-199606">26/11/2025 – 17:54Can I respectfully ask, if you've sold up, why are you still here and posting? Sorry, looks like I've already asked that same question in response to...

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Reply to the comment left by Mark Ripley at 26/11/2025 - 21:51If you've sold up and sitting on a "sh**load of cash", then why are you still reading and posting about a subject in which you have no interest? Just...

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Reply to the comment left by Valerie Hollylee at 26/11/2025 - 14:25The difference is that those exempt from paying NIC will not be exempt from paying tax. She has us all by the short and curlies. Just one more nail...

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Thank you. That being the case, perhaps asking insurance companies to insert a clause in their policy prohibiting pets would then be the reason for refusing to legally allow pets?

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Thank you. That being the case, I wonder whether asking insurance companies to insert a clause prohibiting pets would resolve the issue, which would provide the reason for refusing to allow pets?

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The subject of allowing pets appears to revolve around tenants actually making requests, so wouldn't the addition of a clause prohibiting pets in the leasing contract nip that in the bud? A bit like a pre-nup? I already have that...

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The more I think about what the government is doing to my house, the income from which has been bolstering my pension, the more I think that when my current AST expires it'll be time to sell and stick the...

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This all sounds very FISHY. Perhaps Rachel Reeves took advice from David Lammy about obtaining licences?

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Generally speaking, much of life is 'unfair'; deal with it and move on. In this particular instance, it would be considered 'unfair' if landlords allowed pets to some tenants but not to others. Having a blanket refusal to allow pets...

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Reply to the comment left by Jo Westlake at 10/09/2025 - 11:24MTD "registration" is based on TURNOVER NOT PROFIT.

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Just to buck the so-called trend, I have actually reduced the rent charged to tenants upon renewal of the AST. I was of the opinon that retaining decent tenants who looked after my property and paid their rent on time...

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30th November 2020

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