Being a landlord, whether that’s your chosen profession or your side hustle, is becoming an increasingly complex area of tax legislation. That’s why so many landlords have turned to the…
Landlord tax accounting is becoming an increasingly complex area. Many landlords, both new and experienced, are turning to landlord accountants for assistance. But what do they do, and do landlords really need…
Voluntary disclosure of unpaid tax by landlords has almost halved, with the 2020/21 tax year reporting a drop of 42% compared to the previous year. This is the lowest figure…
There’s no arguing that the pandemic has drastically affected the property market, with the ‘race for space’, the recently concluded Stamp Duty Holiday and the struggle between property supply and…
On the 27th October Chancellor Rishi Sunak delivered the Autumn Budget for 2021, announcing the updates we can expect in the near and mid-term future. While there don’t appear to…
Making Tax Digital (MTD) for Income Tax has been postponed for another year to give businesses and landlords more time to prepare. So what does this mean for you? Which…
Making Tax Digital (MTD) for all VAT-registered businesses is on the horizon. Make the switch now to ensure you’re compliant by April 2022.
In the last tax year, voluntary disclosure of unpaid tax by landlords was down by 42%. The lowest figure in 7 years has prompted HMRC to target landlords specifically, looking…
Making Tax Digital (MTD) for unincorporated businesses is set to go live in 2024, and while that seems like a lifetime away, it will creep up very quickly. Importantly, this…
As the financial burden of government support for businesses and individuals mounts, who knows how long for, the government are looking for ways to balance the financial burden. One way…