Tag: HMRC

Property118 puts HMRC manual BIM45700 under FTT scrutiny

Author: Mark Alexander

8th April 2026, 2 weeks ago | 0

Since late 2023, HMRC has argued that financing the withdrawal of a positive capital account balance prior to incorporation of...

Leaving the UK as a Landlord? How to Keep HMRC and Your Lettings Profits Under Control

Author: Simon Misiewicz

6th November 2025, 6 months ago | 0

Like many before me and many after me, leaving the UK is becoming a topic of discussion and a realistic...

Property income from landlords reaches record levels pre-section 24

Author: Property118.com Landlord News Team

8th September 2025, 8 months ago | 4

New official statistics from HM Revenue & Customs (HMRC) reveal that property income received by unincorporated landlords has reached its...

Furnished Holiday Let changes for those on the Flat Rate Vat Scheme

Author: Rupert Chapman

27th March 2025, 1 year ago | 0

The Flat Rate VAT Scheme (FRS) is a simplified option for paying VAT for businesses with lower turnover. At an...

Rent to Serviced Accommodation Upper Tier Tribunal decision appealed by Sonder

Author: Mark Alexander

18th February 2025, 1 year ago | 0

The Rent to Serviced Accommodation (R2SA) Upper Tier Tribunal decision appealed by Sonder is leaving hundreds of operators in a...

VAT Bombshell for Serviced Accommodation: Upper Tribunal Ruling Shakes the Industry

Author: Mark Alexander

21st January 2025, 1 year ago | 6

“This ruling could spell financial disaster for operators and property owners alike.” That’s the message echoing across the serviced accommodation...

HMRC delay causes me to pay more tax?

Author: Readers Question

2nd October 2024, 2 years ago | 3

I sent Form 17 to HMRC just before Christmas in 2022 to change the ownership of my properties for better...

Rebuttal to The Telegraph’s Article: “Landlords face six-figure bills in tax avoidance row”

Author: Mark Alexander

26th September 2024, 2 years ago | 10

We appreciate The Telegraph’s interest in recent developments concerning Property118, but the article titled “Landlords face six-figure bills in tax avoidance...

HMRC clears Angela Rayner of council house tax allegations

Author: Property118.com Landlord News Team

31st May 2024, 2 years ago | 5

HM Revenue and Customs (HMRC) has cleared Labour’s deputy leader Angela Rayner of not paying capital gains tax (CGT) when...

Landlords to test digital tax records

Author: Property118.com Landlord News Team

23rd April 2024, 2 years ago | 1

HMRC is encouraging self-employed individuals and landlords to take part in testing a new digital tax record system. From April...

Declaration of Trust issue?

Author: Readers Question

9th April 2024, 2 years ago | 2

Hello, We would like to revoke a Declaration of Trust currently in my husband’s name to reflect the usual 50:50...

Unravelling the DOTAS Controversy – so what’s next?

Author: Property118.com Landlord News Team

3rd March 2024, 2 years ago | 53

UPDATE – 03/03/2024 The Chartered Institute of Taxation has published and submitted the following to HMRC. LINK HERE ORIGINAL POST...

Rent protection payments on the tax return form?

Author: Readers Question

19th January 2024, 2 years ago | 0

Hi, Has anyone here used rent protection insurance? If so did you just treat the insurance payments exactly like rent...

Number of UK’s unincorporated landlords rises to 2.82 million

Author: Property118.com Landlord News Team

2nd November 2023, 2 years ago | 0

The number of unincorporated landlords in the UK’s private rented sector (PRS) has increased to 2.82 million in 2021 to...

What it’s like dealing with Dan Neidle

Author: Mark Alexander

13th October 2023, 3 years ago | 32

I have always stood up to bullies and have a reputation for integrity and winning legal battles. The legal case...

HMRC issues a spotlight article on hybrid partnerships

Author: Mark Alexander

5th October 2023, 3 years ago | 6

We have written many articles about Hybrid LLP’s and how they have been abused. We also offered to help those...

Property118 and Cotswold Barristers Rebuttal of Dan Neidle’s Allegations

Author: Mark Alexander

3rd October 2023, 3 years ago | 22

Kings Counsel has confirmed the correctness of our approach to incorporation. Why we have only published a holding response to...

Allegations made by Dan Neidle of Tax Policy Associates Ltd–Statement From Property118 and Cotswold Barristers

Author: Mark Alexander

29th September 2023, 3 years ago | 28

We are aware of a series of publications by Dan Neidle of Tax Policy Associates Limited to his website and...

Airbnb hosts face major HMRC tax crackdown

Author: Property118.com Landlord News Team

5th June 2023, 3 years ago | 3

HM Revenue & Customs (HMRC) has launched an investigation into the tax affairs of Airbnb hosts, covering six years’ worth...

UK’s property transactions fall by a third in a year

Author: Property118.com Landlord News Team

1st June 2023, 3 years ago | 0

HMRC’s latest data reveals a staggering drop in UK property transactions, signalling a potential slowdown in the housing market. In...