Tax News

Landlords Tax Planning Strategy

Author: Property118.com Landlord News Team

31st December 2012, 13 years ago | 12

“Milking the Buy-to-Let” is a Landlords Tax Planning Strategy which is very much under utilised. The strategy applies only to...

Rent A Room Scheme – tax free income

Author: Property118.com Landlord News Team

20th December 2012, 13 years ago | 3

EDITORS UPDATE 2017 – please note the ‘Rent A Room’ allowance is now £7,500 per annum If you’re renting out...

Tax Treatment of Property Development vs Property Investment

Author: Mark Alexander

22nd August 2012, 14 years ago | 6

With so many buy to let  property investors now considering buy/refurb/sell deals I feel the time is right to explain...

Taxation strategies for capital raising on a BuyToLet basis for retirement

Author: Mark Alexander

6th August 2012, 14 years ago | 7

It is quite rare for me to share taxation strategies here in full on my blog, especially taxation strategies for...

BEWARE – there is no Capital Gains Tax Roll-Over on BuyToLet

Author: Mark Alexander

1st August 2012, 14 years ago | 12

Following an email I received from a reader yesterday I feel compelled to write an article warning landlords of the...

When tenants ask how much is the Council Tax

Author: Glenn Ackroyd

29th June 2012, 14 years ago | 13

Council Tax can be a deciding factor to some tenants. When you rent out a property, tenants often ask what...

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Claiming home as office expenses for landlords

Author: Property118.com Landlord News Team

20th June 2012, 14 years ago | 3

Many landlords run a property business from a home office but are scared to claim business expenses because they are...

HMRC targets landlord tax cheats in property crack down

Author: Property118.com Landlord News Team

31st May 2012, 14 years ago | 4

Landlords who have failed to pay tax on the sale or buy to let rents face extra scrutiny from a...

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House price crash triggers tax windfall on inherited homes

Author: Property118.com Landlord News Team

29th May 2012, 14 years ago | 0

Falling house prices has meant up to £90 million has been overpaid in inheritance tax by families and friends who...

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How to save stamp duty buying a home

Author: Property118.com Landlord News Team

22nd May 2012, 14 years ago | 1

Here’s a timely warning for property people who believe the tax man is a friendly and benign helper. Gill Orsmann...

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Landlord claim for CGT relief kicked out by tax tribunal

Author: Property118.com Landlord News Team

20th April 2012, 14 years ago | 12

Landlords who have switched personal property investments into a company cannot claim capital gains tax reliefs on the transfers, according...

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Late filing landlords to pay £10 a day fines

Author: Property118.com Landlord News Team

19th April 2012, 14 years ago | 0

HMRC is getting tougher with landlords who have ignored appeals to file their tax returns on time. From May 1st,...

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Tax man urges landlords to keep accounts on their phones

Author: Property118.com Landlord News Team

16th April 2012, 14 years ago | 1

The tax man is urging landlords to keep better financial records with the help of apps on their mobile phones....

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Shocked Chancellor orders landlord tax scrutiny

Author: Property118.com Landlord News Team

10th April 2012, 14 years ago | 24

Shocked Chancellor George Osborne has ordered a closer scrutiny of buy to let tax reliefs after finding out that some...

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Extra lessons for HMRC inspectors who find tax too taxing

Author: Property118.com Landlord News Team

29th March 2012, 14 years ago | 1

Tax inspectors are obviously finding tax too taxing, despite HM Revenue & Customs claims to the contrary over recent years,...

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By George! The feel-good tax giveaway is really a con

Author: Property118.com Landlord News Team

26th March 2012, 14 years ago | 0

Clever Chancellor George Osborne is masking landlord tax increases with smoke and mirror financial tricks that make income tax bills...

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Tax saving tips for landlords

Author: Property118.com Landlord News Team

14th March 2012, 14 years ago | 6

It’s not often the tax man gives something away, but from the start of the next tax year landlords can...

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Chancellor urged to boost tax relief for landlords

Author: Property118.com Landlord News Team

6th March 2012, 14 years ago | 0

Chancellor George Osborne is coming under more pressure from landlord and letting agent lobbies to ease buy to let tax...