This has been prepared by HMRC for landlords who are also pensioners - What is Self Assessment? Self Assessment is the process used to...
Archive
HM Revenue and Customs has opened almost 2,000 investigations into landlords letting out via Airbnb or other short let platforms. The Daily...
21 May 2024
From: Breaking News
The government is ruling out any U-turn on the tax changes regarding furnished holiday lettings - despite substantial complaints from Tory...
03 May 2024
From: Breaking News
There wasn’t much by way of good news in the Spring Budget for landlords and property investors last month. Although some rumours...
18 April 2024
From: Sponsored Content
Twenty twenty-four is a pivotal year for landlords in the Private Rented Sector (PRS). It is still the Government’s aim that...
16 April 2024
From: Sponsored Content
An influential Labour website says a raft of proposed reforms for the private rental sector will be unveiled next month -...
09 April 2024
From: Breaking News
The UK government's long awaited Spring Budget announced some key changes for the property market in an effort to stimulate activity...
30 March 2024
From: Tax & Finance
23 March 2024
From: Tax & Finance
The tax reliefs enjoyed by landlords running Furnished Holiday Lets (FHL) were cut by the Chancellor this month. Some say the...
23 March 2024
From: Tax & Finance
Landlords who paid Capital Gains Tax at 28% - before the Chancellor reduced it to 24% in this month’s Budget -...
21 March 2024
From: Breaking News
A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...
21 March 2024
From: Breaking News
Some 89% of higher-rate and 100% of lower-rate taxpaying landlords who sell will see their Capital Gains Tax bill rise in...
18 March 2024
From: Breaking News
Seasonality is returning to the prime London lettings market after three tumultuous years. The pandemic meant the market was initially flooded with...
16 March 2024
From: Agent Advice
A prominent agent who advises many landlord clients says the Capital Gains Tax cuts announced in the Budget are too small...
15 March 2024
From: Breaking News
An activist group is demanding that the lower Capital Gains Tax should apply only to landlords who sell with sitting tenants. In...
08 March 2024
From: Breaking News
A legal firm says Chancellor Jeremy Hunt has effectively slashed the value of holiday homes which are sold from April 2025...
08 March 2024
From: Breaking News
In what may appear a surprise to almost everyone, the Generation Rent activist group has described yesterday’s Budget as a “giveaway...
07 March 2024
From: Breaking News
The National Residential Landlords Association has slammed yesterday’s lacklustre Budget as a missed opportunity. Yesterday’s announcements - like to be the last...
07 March 2024
From: Breaking News
The Chancellor has used his Budget to confirm a 2p cut in National Insurance, from April 6. This will take it...
06 March 2024
From: Breaking News
In a final call on the Chancellor to help the private rental sector in today’s Budget, the National Residential Landlords Association...
06 March 2024
From: Breaking News
Like a parent whose kids expected half term in Disneyland, Jeremy Hunt is spending the week managing expectations – and crushing...
02 March 2024
From: Tax & Finance
One of the biggest parts of buying a holiday home is securing a holiday let mortgage which can differ substantially to...
24 February 2024
From: Agent Advice
Speculation continues apace over the likely measures in next month’s Budget, especially after what is seen by political analysts as a...
17 February 2024
From: Tax & Finance
I’m not especially political and certainly carry no candle for one flavour or another. I might argue that they’re all pretty...
10 February 2024
From: Legislation & Compliance
Painful tax traps have been set for millions of people this year. Your pay may not even have kept pace with...
27 January 2024
From: Tax & Finance
Paul Johnson - a director of the Institute of Fiscal Studies since 2011 and a visiting economics professor at University College...
24 January 2024
From: Breaking News
A new study by the National Residential Landlords Association suggests some landlords wanting to quit the private rental sector have deferred...
23 January 2024
From: Breaking News
The capital gains tax allowance will be cut on April 6 from £6,000 to £3,000, so more people will pay CGT. The...
20 January 2024
From: Tax & Finance
The Treasury has announced March 6 as the date for the Spring Budget and Chancellor Jeremy Hunt has commissioned the Office...
06 January 2024
From: Tax & Finance
Online rental platform Lettingaproperty is telling landlords to take a strategic approach to property management in 2024, to help tnavigate legislative...
29 December 2023
From: Breaking News
After the Autumn Statement unveiled a major tax cut for January, you’d be forgiven for thinking you’ll pay less tax in...
09 December 2023
From: Tax & Finance
Britain’s top 100,000 taxpayers footed an average income and capital gains tax bill of £559,000 each in 2021/22. That’s up by 18...
09 December 2023
From: Tax & Finance
The Office for Budget Responsibility - a Treasury department operating independently from the government - released its central forecast for the...
23 November 2023
From: Breaking News
It’s not just the weather that’s wet and dreary – the outlook looks bleak for landlords too as we head towards...
17 November 2023
From: Sponsored Content
HM Revenue and Custoims is running a series of webinars aimed primarily at those new to earning income from property of...
20 October 2023
From: Breaking News
The National Residential Landlords Association has suspended its link with Less Tax 4 Landlords. This follows publicity surrounding Less Tax 4 Landlords...
09 October 2023
From: Breaking News
HMRC has contacted Landlord Today to draw attention to new guidance it has issued over a tax avoidance scheme aimed at...
06 October 2023
From: Breaking News
The Renters Reform Bill is the latest of many factors leaving little choice for some private buy-to-let landlords but to sell...
22 September 2023
From: Breaking News
To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...
16 September 2023
From: Tax & Finance
Whoever forms the next government must put the private rental sector at the heart of its housing policy. That’s the view of...
06 September 2023
From: Breaking News
Sweeping tax changes for landlords have been demanded by letting agents group Propertymark. The group has analysed the impact of changes using...
05 September 2023
From: Breaking News
Shadow Chancellor Rachel Reeves has ruled out any increase in Capital Gains Tax if Labour wins power. She also says there will...
29 August 2023
From: Breaking News
Scores of portfolio landlords are incorporating their property portfolio as limited companies, which could save hundreds of thousands of pounds on...
26 August 2023
From: Tax & Finance
Only two per cent of Propertymark letting agents say tenants “always” want to know the EPC rating on a property they...
21 August 2023
From: Breaking News
Buy-to-let landlords with property assets held in a company could be taking advantage of the current dip in house prices to...
19 August 2023
From: Tax & Finance
HMRC has prepared a guide to landlords’ and other property professionals’ self-assessment. Here’s the guide in its entirety. - The year is flying by...
16 August 2023
From: Breaking News
The data from the 2021 to 2022 tax year reveals that it has been a bumper year for capital gains in...
12 August 2023
From: Tax & Finance
The challenges facing the property market right now are well reported; from rising interest rates pushing up mortgage payments to a...
03 August 2023
From: Sponsored Content
Over the past year, we have witnessed an increase in the proportion of landlords opting to acquire properties through limited companies. This...
15 July 2023
From: Tax & Finance
A new Bank of England forecast predicts that average monthly payments on buy to let mortgages will increase by around £275...
13 July 2023
From: Breaking News
A year ago, many landlords’ primary concern was what would be included in the Government’s long-awaited Renters (Reform) Bill. Today, with...
08 July 2023
From: The Big Issues
This year Tax Freedom Day fell on Thursday June 8. This was the day of the year by which, theoretically, the...
10 June 2023
From: Tax & Finance
A tax expert is advising landlords to avoid failing to register their property sales for Capital Gains Tax within 60 days...
26 May 2023
From: Breaking News
A mortgage broker claims there’s “no downside” to the current problem of landlords quitting the private rental sector. Jonathan Burridge, founding adviser...
18 May 2023
From: Breaking News
Landlords have again become the focus of HMRC. The government department is currently using data from rent deposit schemes to assess...
13 May 2023
From: Tax & Finance
New figures show that property taxes - often rising as a result of frozen thresholds - lead the way as the...
26 April 2023
From: Breaking News
As landlords face losses as high as £7,500 this year – thanks to increased mortgage and living costs alongside a tax overhaul...
12 April 2023
From: Breaking News
Over two million more people are likely to be higher rate taxpayers by 2028 – thanks to the freezing of the...
01 April 2023
From: Tax & Finance
.The National Residential Landlords Association has called for a full review of how landlords and the private rental sector are taxed. In...
15 March 2023
From: Breaking News
With less than one month left until the end of the tax year, many experienced investors will have completed their tax...
11 March 2023
From: Tax & Finance
Analysis by professional cash buyer and portfolio landlord, LandlordBuyer (part of Open Property Group), has revealed what costs make up most...
07 March 2023
From: Sponsored Content
The capital gains tax allowance will be cut from £12,300 to £6,000 on April 6 – the lowest the allowance has...
25 February 2023
From: Tax & Finance
Private rental property should be “acquired” and used for social housing according to a think tank. And it says tax penalties, laws...
16 February 2023
From: Breaking News
The National Residential Landlords Association is calling on the government to begin a full review of how private rented housing is...
06 February 2023
From: Breaking News
Landlords who intend to sell their properties this year are being urged to act quickly ahead of the Capital Gains Tax...
18 January 2023
From: Breaking News
A survey of some 2,000 landlords shows that more than four in 10 want recent changes to Capital Gains Tax allowances...
10 January 2023
From: Breaking News
A major survey of 1,500 adults shows that a quarter plan to downsize their home in retirement, with many others suggesting...
14 December 2022
From: Breaking News
The reduction in landlords’ Capital Gains Allowance has triggered a sell-off by landlords at a 13-year high according to new figures. Last...
05 December 2022
From: Breaking News
Although the property and mortgage markets have been in a state of flux for the past few months, with rising interest...
03 December 2022
From: Tax & Finance
Changes to capital gains tax announced in Jeremy Hunt’s recent Autumn Statement will see the average landlord pay as much as...
28 November 2022
From: Breaking News
New data just released by HM Revenue & Customs shows income tax, national insurance and capital gains tax receipts for April...
23 November 2022
From: Breaking News
The government’s Autumn Statement yesterday missed the opportunity to boost supply for the private rental sector, it’s been claimed. Ben Beadle, chief...
18 November 2022
From: Breaking News
Chancellor Jeremy Hunt has delivered his long-awaited Autumn Statement - the fiscal event which he says will lead to “all of...
17 November 2022
From: Breaking News
HMRC is targeting residential landlords who it suspects are not declaring their full rental income, warns tax advisory service Kreston Reeves. The...
14 November 2022
From: Breaking News
A prominent figure in the lettings industry is warning the Tories against ‘stealth increases’ for Capital Gains and Inheritance taxes. David Alexander...
09 November 2022
From: Breaking News
An influential new report wants higher taxes for landlords letting holiday properties. The Office for Tax Simplification - a division of HM...
07 November 2022
From: Breaking News
A website that describes itself as promoting “popular capitalism” is urging the government not to consider raising Capital Gains Tax on...
03 November 2022
From: Breaking News
A probe by the Financial Times has found that some 26,500 individuals missed the Capital Gains Tax filing deadline in 2021-22...
20 September 2022
From: Breaking News
Managing property finances can be hard work, long-winded and stressful. With regulation changes and market volatility, keeping on top of your...
10 September 2022
From: Tax & Finance
Newport council in South Wales says it’s researching into the private rental sector to assess how best it can support landlords. In...
18 August 2022
From: Breaking News
More SME landlords are seeking advice about whether now is the right time to incorporate, before progressing plans to secure more...
13 August 2022
From: Tax & Finance
New figures show that the amount of Capital Gains Tax raked in by HM Revenue & Customs has skyrocketed. The Revenue received...
08 August 2022
From: Breaking News
A report in a government-supporting newspaper suggests that a proposal to cut Capital Gains Tax for landlords who sell to first...
24 May 2022
From: Breaking News
Whether you own a leasehold or freehold property, if you’re an HMO landlord who rents out rooms, individual flats or even...
23 April 2022
From: The Big Issues
New figures show that buy to let landlords quitting the sector or at least reducing their portfolios have helped the government...
03 March 2022
From: Breaking News
Almost exactly a quarter of landlords questioned in a survey admit to being baffled by the constantly changing regulations surrounding the...
24 February 2022
From: Breaking News
A finance chief is warning that the threat of possible rises in Capital Gains Tax should be dismissed by the government to...
04 February 2022
From: Breaking News
Shadow Chancellor Rachel Reeves says Labour would increase tax on buy to let properties and on investment income for landlords. Reeves was...
24 January 2022
From: Breaking News
A leading accountancy firm says the relative good health of the rental market and house price appreciation will trigger stricter enforcement...
07 January 2022
From: Breaking News
Over half of private landlords responding to a new survey say recent tax changes in the rental market have had a...
22 December 2021
From: Breaking News
As we enter 2022 the private rented sector can look back on a year which marked the start of its recovery...
18 December 2021
From: The Big Issues
The long-awaited government response to calls to tighten up Capital Gains Tax has come at last - and it’s no change...
02 December 2021
From: Breaking News
This week’s Budget saw the Chancellor loosen the Treasury’s purse strings in a number of areas. Yet this was a quiet Autumn...
30 October 2021
From: The Big Issues
The Budget revealed by Chancellor Rishi Sunak does too little to help many of those struggling most to pay their rents. That’s...
28 October 2021
From: Breaking News
Chancellor Rishi Sunak’s Budget has made one small but welcome change to Capital Gains Tax. For those selling UK residential property, including...
28 October 2021
From: Breaking News
It’s a common scenario: you put your house on the market, struggle to find a buyer, and then end up renting...
09 October 2021
From: Tax & Finance
Internet searches for ‘how to become a landlord’ have increased by 22 per cent according to Sheards Accountants, a chartered accountancy...
01 October 2021
From: Breaking News
The leader of a council in one of the areas of the UK with the highest number of Airbnb-style short lets...
31 August 2021
From: Breaking News
Government ambitions to improve the energy efficiency of the private rental sector are just “a pipedream” without financial assistance according to...