Tax and Accountancy

Tax issues with charging below market rent to help a relative?

Author: Readers Question

10th September 2013, 13 years ago | 35

Can anyone think of any potential tax or legal implications with letting out a property at below market rent to...

Question – can landlords claim for use of home as office?

Author: Readers Question

13th August 2013, 13 years ago | 11

I am employed full time and have one buy to let property managed by a letting agent.  I have claimed...

Charging for your own labour

Author: Readers Question

5th August 2013, 13 years ago | 21

I have been renovating my buy to lets without making a charge for my time and effort. I told the...

Minimising Capital Gains Tax – Readers Question

Author: Readers Question

29th June 2013, 13 years ago | 5

My wife and I own a semi-commercial property where the ground floor commercial unit is occupied by a mini cab...

Tax Relief or No Tax Relief, that is the question.

Author: Readers Question

29th June 2013, 13 years ago | 27

My current home is mortgage free and I am considering buying a new home on a new mortgage taken out...

First time buy to sell project

Author: Readers Question

28th June 2013, 13 years ago | 1

How would one best set up/tackle tax affairs when taking on a buy to sell property for the first time...

Tax implications on selling rented property

Author: Readers Question

25th June 2013, 13 years ago | 5

What are the tax implications of selling a previously rented flat to a close relative? In 1974 my wife and...

property118

HMRC Property Sales Campaign

Author: Property118.com Landlord News Team

7th May 2013, 13 years ago | 0

The HMRC property sales campaign has recently been launched to encourage taxpayers who have not already done so to tell...

Property swap and tax treatment of peppercorn rents

Author: Readers Question

5th April 2013, 13 years ago | 3

UK Tax and Working Tax Credit question regarding Peppercorn Rent and Rental Property Swap. The lady that I employ part time as...

An ode to economics and the tax system

Author: Mark Alexander

3rd April 2013, 13 years ago | 82

I have to confess to not being the author of this piece, I found it on Facebook, but I do...

Interesting Landlords Tax Question

Author: Readers Question

20th March 2013, 13 years ago | 7

Malcolm Ingham has raised an interesting landlords tax question “Our son has a mortgage on a leasehold flat which he...

Can landlords roll over losses for tax purposes?

Author: Readers Question

15th March 2013, 13 years ago | 9

Rowan Ferguson needs some advice on whether landlords can roll over losses for tax purposes. Her “Readers Questions” article follows:- “I Purchased...

Offsetting property income tax – READERS QUESTION

Author: Readers Question

1st March 2013, 14 years ago | 10

Ian MacQueen has submitted the following “Readers Questions” article seeking advice on offsetting property income tax. I have been renting...

Important Tax News for Landlords

Author: Property118.com Landlord News Team

27th February 2013, 14 years ago | 17

Our accountants have sent the following important tax news to all of their  landlord clients. Please take heed and share...

Landlords Bank Account Question

Author: Readers Question

27th February 2013, 14 years ago | 6

Scott Hymas has written in to ask what other landlords do in terms of bank accounts. Scott said  … “I...

Landlords CGT Question

Author: Readers Question

4th February 2013, 14 years ago | 3

Laniora Lay has raised the following Landlords CGT Question:- “I have been renting out my former family home for the...

Can landlords spread rental profits between spouses and minimise tax?

Author: Readers Question

28th January 2013, 14 years ago | 20

One of our readers has sent in the following email (dark blue text below) and is looking for ideas that...

Call for CGT roll-over relief to apply to Buy to Let landlords

Author: Readers Question

24th January 2013, 14 years ago | 28

It seems to me to be very unfair that one can sell almost any other business asset and reinvest the...