Archive

HMRC is today launching a pilot scheme for Making Tax Digital, the controversial proposal for quarterly reporting for landlords and the...

It’s all change at the start of the new tax year, and with so many tweaks to so many rules, it’s...

Landlords who paid Capital Gains Tax at 28% - before the Chancellor reduced it to 24% in this month’s Budget -...

In a final call on the Chancellor to help the private rental sector in today’s Budget, the National Residential Landlords Association...

A controversial proposal for a £300m tax grab on landlords appears to closely follow a policy suggestion put forward by activists...

A leader of the Renters Reform Coalition activist lobby has made a specific targeted attack on the motives and honesty of...

The Budget on Wednesday will contain a £300m tax raid on the private rental sector according to a report this morning...

Like a parent whose kids expected half term in Disneyland, Jeremy Hunt is spending the week managing expectations – and crushing...

The government has confirmed that Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will cost landlords both extra money...

Speculation continues apace over the likely measures in next month’s Budget, especially after what is seen by political analysts as a...

Although SDLT receipts have been volatile in recent years, the property tax’s effectiveness as a revenue-raiser for the Government is not...

Painful tax traps have been set for millions of people this year. Your pay may not even have kept pace with...

The capital gains tax allowance will be cut on April 6 from £6,000 to £3,000, so more people will pay CGT. The...

An insurance firm claims landlords shopping for a new mortgage deal may be expected by lenders to prepare personal guarantees. Purbeck claims...

Airbnb has taken further steps to get in the good books of HMRC by issuing a guide on tax for its...

The Treasury has announced March 6 as the date for the Spring Budget and Chancellor Jeremy Hunt has commissioned the Office...

A business consultancy claims the HMNRC Self-Assessment helpline - set up to assist those compiling and filing tax returns as the...

A prominent tax consultancy says landlords who transferred their rental properties in a company in 2017/18 are being targeted by HMRC. It’s...

After the Autumn Statement unveiled a major tax cut for January, you’d be forgiven for thinking you’ll pay less tax in...

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...

Plans for leasehold reform face a major early stumbling block as analysis shows plans to retrospectively introduce a cap on ground...

Good news for landlords earning under £30,000 a year - they will not have to use the HMRC’s Making Tax Digital...

Winkworth's chief executive says next week’s Autumn Statement must see the reinstatement of Mortgage Interest Tax Relief for investors. Dominic Agace says...

HMRC has produced this material for landlords concerned at the prospect of self-assessment  - What is Self Assessment and why do I need...

Housing Secretary Michael Gove has ruled out any reversal of Section 24 or other tax changes which have hurt landlords in...

MPs from a range of opposition parties are pressing the government to reinstate the stricter energy efficiency rules for landlords, recently...

Three-quarters of landlords who intend to purchase a new property in the next year will use a Limited Company structure, it’s...

Shadow Chancellor Rachel Reeves has ruled out any increase in Capital Gains Tax if Labour wins power. She also says there will...

Over the past year, we have witnessed an increase in the proportion of landlords opting to acquire properties through limited companies.  This...

This year Tax Freedom Day fell on Thursday June 8. This was the day of the year by which, theoretically, the...

Scrapping a tax hike on rented housing may help ease the housing crisis faced by tenants, according to an analysis by...

The Section 24 parliamentary petition, seeking to persuade MPs to reinstate mortgage interest tax relief for landlords, has fallen far short...

New figures show that property taxes - often rising as a result of frozen thresholds - lead the way as the...

The Section 24 parliamentary petition, seeking to persuade MPs to reinstate mortgage interest tax relief for landlords, is still struggling for...

A tax expert has set out top tips for landlords as they embark on a new financial year. Mike Parkes, tax expert...

Over the last couple of years, the government has made several changes to how income and profits are taxed. Some of...

Over two million more people are likely to be higher rate taxpayers by 2028 – thanks to the freezing of the...

Tax changes in the private rented sector have contributed to the loss of £1.5 billion in Treasury revenue, according to a...

With less than one month left until the end of the tax year, many experienced investors will have completed their tax...

The capital gains tax allowance will be cut from £12,300 to £6,000 on April 6 – the lowest the allowance has...

The government may already have dismissed it, but the petition wanting landlords to be able to offset mortgage interest against tax...

A petition signed by well over 28,000 and calling for the reversal of tax measures introduced to penalise landlords has been...

The petition to secure government action over the Section 24 tax issue affecting landlords has passed the 16,500 benchmark but has...

Landlords are being encouraged to sign a petition calling on the government to reverse the section 28 tax change which had...

The government has accepted arguments put forward by landlords and accountancy groups, and delayed a key deadline for compulsory digital tax returns. A...

The government has been told it should should think again about its plans to make it compulsory for landlords and self-employed...

Although the property and mortgage markets have been in a state of flux for the past few months, with rising interest...

New data just released by HM Revenue & Customs shows income tax, national insurance and capital gains tax receipts for April...

Chancellor Jeremy Hunt has delivered his long-awaited Autumn Statement - the fiscal event which he says will lead to “all of...

An influential new report wants higher taxes for landlords letting holiday properties. The Office for Tax Simplification - a division of HM...

A website that describes itself as promoting “popular capitalism” is urging the government not to consider raising Capital Gains Tax on...

The new Chancellor, Jeremy Hunt, says the limited cut in stamp duty in England and Northern Ireland announced in the mini-Budget...

As I write this, the Chancellor of the Exchequer has gone back on his mini budget plan to abolish the 45p...

A think tank says that whatever Prime Minister Liz Truss may say, by 2025 most people will be paying £2 extra...

The National Residential Landlords Association says controversial Chancellor Kwasi Kwarteng should use a £1.5 billion underspend to help buy to let...

The new Chancellor of the Exchequer spoke for only 25 minutes but effectively turned the recent history of British tax policy...

Chancellor Kwasi Kwarteng has announced that stamp duty will be cut.  In future there will be no stamp duty on the first £250,000...

Latest figures released by HM Revenue & Customs show yet another large increase in the amount of taxation received by the...

More SME landlords are seeking advice about whether now is the right time to incorporate, before progressing plans to secure more...

A big change in the way landlords monitor their property finances and file their taxes is fast approaching in the form...

HM Revenue & Customs has stepped back from a change in the deadline for first-time landlords to give notice of their...

Taxes on buy to let investment are fuelling a supply crisis, hiking rents and making homeownership more difficult to afford. That’s the...

Horrendous price rises are set to hit hard this year. The Spring Statement laid out plans to mitigate the pain of...

The leader of the Generation Rent campaign group has accused Chancellor Rishi Sunak of “stacking the economy against private renters who...

Tax experts have warned HMRC not to add to the burden of red tape already falling on landlords. The Chartered Institute of...

The independent Office for Tax Simplification wants to know how it can make landlords’ tax issues simpler - and it’s started...

A group of MPs has unveiled a scathing report about the inadequacies of HM Revenue & Customs, with a particular reference...

A personal finance app says it’s teamed up with a new technology firm to provide a service helping landlords prepare for...

Shadow Chancellor Rachel Reeves says Labour would increase tax on buy to let properties and on investment income for landlords.  Reeves was...

A plan to reform Income Tax Self-Assessment for individuals with income from property or self-employment has been panned by the Association...

Over half of private landlords responding to a new survey say recent tax changes in the rental market have had a...

The long-awaited government response to calls to tighten up Capital Gains Tax has come at last - and it’s no change...

The Budget revealed by Chancellor Rishi Sunak does too little to help many of those struggling most to pay their rents. That’s...

It’s a common scenario: you put your house on the market, struggle to find a buyer, and then end up renting...

Internet searches for ‘how to become a landlord’ have increased by 22 per cent according to Sheards Accountants, a chartered accountancy...

Substantial numbers of expats who own a buy to let property in the UK are approaching HMRC to admit they have...

A tax expert is warning professional and amateur landlords that if they switch from conventional rentals to Airbnb-style short lets for...

Propertymark wants to hear about examples of fraudulent tenancy applications - a growing problem in the rental sector. A statement from the ARLA wing...

Some landlords have hit Capital Gains Tax problems when selling properties in consecutive years, an accountant warns. Elaine Shiels of RSM says:...

The government’s much-hyped ‘tax day’ yesterday had - by comment consent - an underwhelming impact on the property sector. However, one tax...

One of the country’s leading property experts says landlords are now reassessing their portfolios as a result of possible Capital Gains...

A lettings agency has suggested that the typical landlord could lose as much as £24,000 if the government increases Capital Gains...

Landlords are warning the government that if it increases Capital Gains Tax the rental market will freeze up. Chatter has increased in...

The changes to Mortgage Interest Tax Relief and impact on your wallet Before April 2017 landlords with a mortgage on their buy-to-let...

Advice from a tax software consultancy suggests that landlords must declare Coronavirus grants in future tax returns, including the next self-assessment...

This Thursday, December 17, sees The Great Tax Debate webinar aimed at helping landlords prepare for a year of change in 2021. The...

The financial services regulator, the Prudential Regulation Authority, is warning mortgage lenders to be strict on their assessment of customers wanting...

A leading housing market analyst suggests that the implementation of a Capital Gains Tax change could actually mean landlords paying less...

A property investment firm has given tips to landlords who may feel m threatened by the prospect of a hike in Capital Gain...

A financial planner is advising landlords on how to minimise their current Capital Gains Tax liability ahead of possible change. Chancellor Rishi...

Landlords could be in line for another huge tax burden - a doubling of Capital Gains Tax.  A report commissioned by the government...

Summer 2020 saw changes to the 30-day Capital Gains Tax (CGT) rule come into force and talk of a CGT increase...

Tax experts at specialist landlord accountancy firm Gorilla Accounting are giving the sector fresh advice on minimising CGT liability when selling...

When it comes to property investment, there is no one ‘right’ way to do it in order to succeed. Likewise, there...

It has been just over a month since changes to the 30-day Capital Gains Tax (CGT) rule came into force and...

The government has unveiled plans for the completion of the rollout of the Making Tax Digital (MTD) programme, with the scheme...

Rishi Sunak has distanced himself from reports that he is looking at increasing capital gains tax to help pay for the...

Are you facing cash flow difficulties? Buy-to-let landlords suffering hardship as a consequence of the coronavirus pandemic can defer their July...

Buy-to-let landlords suffering hardship as a result of the coronavirus pandemic can defer their July tax payment on account.  Research shows that not...

A number of property firms and landlord organisations have welcomed government action to support landlords and tenants affected by coronavirus. Private tenants...