HM Revenue and Customs has opened almost 2,000 investigations into landlords letting out via Airbnb or other short let platforms. The Daily...
Archive
HMRC is appealing to landlords to file Self Assessment tax returns early - and claims there are benefits to doing so. In...
16 May 2024
From: Breaking News
HMRC is today launching a pilot scheme for Making Tax Digital, the controversial proposal for quarterly reporting for landlords and the...
22 April 2024
From: Breaking News
HM Revenue and Customs has done a rapid U-turn on a decision to close its self-assessment telephone helpline for half the...
21 March 2024
From: Breaking News
The management of BTL properties, whether it's a modest collection of three units or a more sizable portfolio of fifteen, can...
15 March 2024
From: Sponsored Content
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
The government has confirmed that Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will cost landlords both extra money...
22 February 2024
From: Breaking News
Although SDLT receipts have been volatile in recent years, the property tax’s effectiveness as a revenue-raiser for the Government is not...
10 February 2024
From: Tax & Finance
Airbnb says it will continue to share hosting data with HMRC because its landlord hosts want to pay their fair share...
29 January 2024
From: Breaking News
HM Revenue and Customs says that its latest data - one week ahead of the January 31 Self Assessment deadline -...
26 January 2024
From: Breaking News
Airbnb has taken further steps to get in the good books of HMRC by issuing a guide on tax for its...
12 January 2024
From: Breaking News
New data from HM Revenue and Customs reveals a 22 per cent annual drop in residential transactions in the year to...
02 January 2024
From: Breaking News
There are now fewer than 35 days until self employed workers - including many landlords - will need to submit their...
30 December 2023
From: Tax & Finance
Thousands of Britons earning from letting their spare room or using parts of their home on platforms like Airbnb could be...
28 December 2023
From: Breaking News
A business consultancy claims the HMNRC Self-Assessment helpline - set up to assist those compiling and filing tax returns as the...
21 December 2023
From: Breaking News
A prominent tax consultancy says landlords who transferred their rental properties in a company in 2017/18 are being targeted by HMRC. It’s...
12 December 2023
From: Breaking News
HM Revenue and Customs has provided answers to the top five questions asked on the Self Assessment helpline. Do I need to fill...
09 December 2023
From: Top tips & guides
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
Good news for landlords earning under £30,000 a year - they will not have to use the HMRC’s Making Tax Digital...
24 November 2023
From: Breaking News
HMRC has produced this material for landlords concerned at the prospect of self-assessment - What is Self Assessment and why do I need...
04 November 2023
From: Tax & Finance
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
Airbnb hosts - even those using just a spare room for occasional letting - will be amongst those subject to new...
18 October 2023
From: Breaking News
Landlords grappling with tax returns have been given some advice - file them sooner, rather than later. Data analysed by business consultancy...
14 October 2023
From: Tax & Finance
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
A wealth management organisation has raised the spectre that some families may end up overpaying inheritance tax. And with property wealth being...
25 August 2023
From: Breaking News
The lack of available housing stock is creating huge problems throughout the Private Rented Sector, including the supply chain. We all know...
19 August 2023
From: The Big Issues
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
Any landlord hit with late payment surcharges from HM Revenue & Customs will now face even higher charges. As a result of...
09 August 2023
From: Breaking News
A prominent accountant is warning that the upcoming Renters Reform Bill, when it becomes law, will be used by HMRC to...
18 July 2023
From: Breaking News
A long-standing tax consultancy has raised the spectre of too much Stamp Duty ha wing been paid thanks to mistakes made...
13 July 2023
From: Breaking News
One of the country’s most prominent housing market indices says the current imbalance between supply and demand in the rental sector...
19 June 2023
From: Breaking News
HMRC has recently launched a renewed investigation into Airbnb hosts, with the site compelled to share earnings data to assist in...
17 June 2023
From: Tax & Finance
Inheritance tax receipts hit £600 million in April 2023 according to data released by HMRC. This is £100 million higher than...
03 June 2023
From: Tax & Finance
This year is set to bring sweeping rental reforms that will change the face of lettings forever. Landlords should be following...
02 June 2023
From: Sponsored Content
Scrapping a tax hike on rented housing may help ease the housing crisis faced by tenants, according to an analysis by...
01 June 2023
From: Breaking News
HMRC has contacted Landlord Today to make a direct appeal to readers to explain the benefits of submitting their 2022 to...
30 May 2023
From: Breaking News
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
The launch of a new landlord database, proposed by the Renters Reform Bill, could provide HMRC with a gold mine of...
22 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
HMRC says UK residential transactions in March totalled 89,560 - that’s a chunky 19 per cent lower than the same month a...
02 May 2023
From: Breaking News
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
Landlords are exiting the market in droves. According to an accountancy firm who analysed HMRC data, 70,000 buy-to-let landlords left the sector...
06 April 2023
From: Sponsored Content
A tax expert has set out top tips for landlords as they embark on a new financial year. Mike Parkes, tax expert...
05 April 2023
From: Breaking News
A business consultancy is reporting a rise in stamp duty paid by landlords and other home buyers - but is warning...
22 March 2023
From: Breaking News
Companies that own UK residential properties have one month to revalue and tell HM Revenue and Customs if any are worth...
01 March 2023
From: Breaking News
Landlords of Airbnbs and other short-lets risk facing penalties for tax evasion if they fail to report income on their rental...
27 February 2023
From: Breaking News
Accountants and tax advisers are reporting that HMRC has sent out a spate of what are called ‘one-to-many’ letters to taxpayers. The...
21 February 2023
From: Breaking News
High profile independent law firm Mishcon de Reya is hosting an in-person panel discussion on recent experiences with HMRC - and...
17 February 2023
From: Breaking News
It’s the time of year when everyone is rushing to meet the self-assessment deadlines. Unfortunately, experience shows that there will be...
28 January 2023
From: Tax & Finance
A top Tory who is chair of the Conservative backbench Treasury Committee and a member of the Treasury Select Committee says...
25 January 2023
From: Breaking News
The consumer service Which? Has taken the unusual approach of setting out a 12 point guide to landlords about how to...
24 January 2023
From: Breaking News
Landlords making self-assessment tax returns may already be starting to sweat - the deadline is midnight on January 31. Overall - landlords...
21 January 2023
From: Tax & Finance
If you’re looking to make some extra cash in 2023 as the cost of living continues to bite, you may consider...
14 January 2023
From: Tax & Finance
The government has accepted arguments put forward by landlords and accountancy groups, and delayed a key deadline for compulsory digital tax returns. A...
20 December 2022
From: Breaking News
The government has been told it should should think again about its plans to make it compulsory for landlords and self-employed...
16 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
New figures from HMRC this week show that the Treasury raked in another £4.1 billion in inheritance tax receipts in the...
26 November 2022
From: Tax & Finance
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
An accountancy expert claims that inflation and rising rents could push more landlords over the £10,000 threshold for Making Tax Digital. Currently...
21 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
HMRC has contacted Landlord Today to make a direct appeal to readers to complete accurate and timely tax returns. A spokesperson says:...
11 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
HMRC is intensifying its efforts to track down landlords with undisclosed income, a financial consultancy claims. Perrys, a firm of chartered accountants,...
01 November 2022
From: Breaking News
As landlords know better than most, property taxes are a rich seam of revenue for the government. And now, new figures show...
24 October 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
If you’re counting the days until you’ll get help with runaway price rises, it helps to know exactly how many days...
03 September 2022
From: The Big Issues
HMRC is reported to have issued a warning to people who used Airbnb or other short-let platforms to find tenants during...
23 August 2022
From: Breaking News
Latest figures released by HM Revenue & Customs show yet another large increase in the amount of taxation received by the...
22 August 2022
From: Breaking News
New research from an online buy to let mortgage broker shows that average rates for some typical deals favoured by landlords...
16 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
The UK government’s ban on the sale of new combustion cars from 2030 is fuelling a surge in Electric Vehicle adoption....
13 August 2022
From: The Big Issues
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 big change in the way landlords monitor their property finances and file their taxes is fast approaching in the form...
30 July 2022
From: Tax & Finance
HM Revenue & Customs has stepped back from a change in the deadline for first-time landlords to give notice of their...
21 July 2022
From: Breaking News
HMRC is seeing substantial delays in the processing of self assessment tax returns, it’s being claimed. A company called RIFT Tax Refunds...
11 July 2022
From: Breaking News
New figures released this morning show that buy to let investors and second home buyers now pay almost half of the...
22 June 2022
From: Breaking News
The number of households taking lodgers has declined in recent years according to new research. The number of homes taking one lodger...
22 June 2022
From: Breaking News
HM Revenue & Customs has named and shamed a string of landlords who, it claims, have collectively avoided many millions of...
21 June 2022
From: Breaking News
New research shows that, since 2016, the average stamp duty payment on buy to let homes has increased by £11,848 in...
10 June 2022
From: Breaking News
The independent expert advisers to government on tax simplification, the OTS, says there has been a strong response to its consultation...
13 May 2022
From: Breaking News
Buy to let landlords claimed a record £18.5 in tax relief in the year to April 2021, the most recent data...
05 April 2022
From: Breaking News
Even before the pandemic, we were seeing dramatic changes across the buy-to-let landscape with holiday lets steadily increasing in appeal –...
02 April 2022
From: Top tips & guides
Tax experts have warned HMRC not to add to the burden of red tape already falling on landlords. The Chartered Institute of...
23 March 2022
From: Breaking News
The independent Office for Tax Simplification wants to know how it can make landlords’ tax issues simpler - and it’s started...
17 March 2022
From: Breaking News
The Generation Rent activist group has launched a lobbying campaign, giving a template letter for people to send to MPs ahead...
09 March 2022
From: Breaking News
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
Landlords of HMOs are being faced with a revaluation of their properties by HMRC which could result in many suffering tax...
02 March 2022
From: Breaking News
A group of MPs has unveiled a scathing report about the inadequacies of HM Revenue & Customs, with a particular reference...
21 February 2022
From: Breaking News
Covid-19 has upended most industries, at least for a short while, over the past two years. But the tourism sector has...
19 February 2022
From: Tax & Finance
The Airbnb market in the UK is booming. Before the pandemic there was over 223 thousand active listings on Airbnb in the...
12 February 2022
From: Tax & Finance
A personal finance app says it’s teamed up with a new technology firm to provide a service helping landlords prepare for...
26 January 2022
From: Breaking News
A tax consultancy has produced tips for those faced with the self-assessment tax filing deadline of next Monday - and who...
25 January 2022
From: Breaking News
A plan to reform Income Tax Self-Assessment for individuals with income from property or self-employment has been panned by the Association...
24 January 2022
From: Breaking News
An accountancy firm is holding a free webinar for landlords and other property investors to look east ongoing changes to tax...
14 January 2022
From: Breaking News
Landlords who let out holiday properties as businesses may have to fork out as much as £1,000 more per year as...
11 January 2022
From: Breaking News
Landlords who make tax returns on their investment properties via VAT-registered companies must sign up to the HMRC’s Making Tax Digital...