Sjp

Registered with Property118.com
Sunday 29th April 2018

Trading Status
Sole Owner

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 27

Sjp

9:52 AM, 4th February 2019
About 7 months ago

£200k released from HMO sale?

Reply to the comment left by Neil Patterson at 04/02/2019 - 08:29
Hi Neil. I’m not sure what you mean?... Read More

Sjp

9:20 AM, 23rd January 2019
About 7 months ago

Bod's decision on whether or not to incorporate his rental property business

Thank you for this mark. I rely on the income I get from my properties to live on and pay my tax bill. Therefore I assume that incorporation wouldn’t work for me as I can only get out up to £2k in dividends otherwise I’d be taxed even more than I am at the moment if I took out the profit to live on. Is that right?... Read More

Sjp

22:18 PM, 27th December 2018
About 8 months ago

Tax Return ye2018 checking Finance costs?

Reply to the comment left by AA at 26/12/2018 - 09:33
AA I’m furious then. My husband died 2 years ago and the old accountant has been sorting back tax out under the Let property campaign and didn’t tell me this. What will I be fined?... Read More

Sjp

5:57 AM, 26th December 2018
About 8 months ago

Tax Return ye2018 checking Finance costs?

Sorry to digress but I, like the OP assumed that my tax for 2017/18 should be paid by 31/1/19.

However my new accountant has told me that I should have “paid on account” January and June 2018 already.

Does this mean I haven’t paid my taxes and thus liable to a fine?

Does this also mean that I’m due to pay a 18/19 payment 31/1/19 as well as the above?

I’m finding this really confusing. I thought that you just paid the previous taxes at the end of the following year??... Read More

Sjp

19:23 PM, 28th November 2018
About 9 months ago

Kitchen fire doors for two storey HMO’s and LHA requirements?

Reply to the comment left by Rob Crawford at 28/11/2018 - 17:59
Hi Rob. They are insisting it’s because they are individual tenants. They said that I do the work, turn it into a single let household by giving them notice and then renting it to a family, reduce it to 4 tenants (so no licence required) or face action. Deadline December 3rd but I’ve asked them to give me more time.... Read More