Tag: Tax advice

One in three landlords are planning to incorporate

Author: Property118.com Landlord News Team

7th November 2023, 2 years ago | 0

A third of landlords who own rental property in their personal name are planning to switch to a limited company...

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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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Property investors face a new £420 million tax blitz

Author: Property118.com Landlord News Team

28th May 2012, 14 years ago | 11

Landlords and second home owners who leave their properties standing empty face a new tax blitz. The government is to...

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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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UK has the highest property taxes in Europe

Author: Property118.com Landlord News Team

21st May 2012, 14 years ago | 1

Property taxes in the UK are the highest in Europe, according to the latest figures issued by the European Union....

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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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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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Pay less tax by claiming pre-letting costs

Author: Property118.com Landlord News Team

13th April 2012, 14 years ago | 6

Accounting for spending on letting property before the first tenant moves in often confuses landlords – and their accountants. Countless...

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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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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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Budget plan to make accounting easier for landlords

Author: Property118.com Landlord News Team

22nd March 2012, 14 years ago | 0

Keeping accounts for a buy to let business could be a lot simpler if the Government adopts cash accounting for...

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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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Holding your umbrella upside down will not keep off the reign of the taxman

Author: Mary Latham

6th March 2012, 14 years ago | 2

-By Guest Columnist Mary Latham- Landlords may be invisible but their properties are not and neither are their tenants, especially...

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Give landlords more tax relief, RLA urges Chancellor

Author: Property118.com Landlord News Team

28th February 2012, 14 years ago | 6

Chancellor George Osborne should give buy to let owners a new tax deal to stimulate more investment in private rented...

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Are HMO landlords really missing out on tax relief?

Author: Property118.com Landlord News Team

27th February 2012, 14 years ago | 2

Dozens of firms offer to help shared house landlords claim thousands of pounds in lost tax reliefs – but does...

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HMRC fines late filing taxpayers £85 million

Author: Property118.com Landlord News Team

20th February 2012, 14 years ago | 0

Penalties for £100 are winging their way to 850,000 taxpayers who failed to file their tax returns on time. Most...

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Tax Filing Deadline Extended by 48 Hours

Author: Property118.com Landlord News Team

31st January 2012, 14 years ago | 0

Landlords late with their tax returns can breathe a sigh of relief as the filing deadline is delayed due to...

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HMRC Tightens Tax Screw on Landlords

Author: Property118.com Landlord News Team

26th January 2012, 14 years ago | 0

The tax man is tracking down landlords with undeclared rental income by demanding lists of property clients from letting agents....