by Julie Hughes | Apr 7, 2021 | Featured, Landlord Tax Planning
In 2016 the Prudential Regulation Authority (PRA) undertook a review of the buy-to-let market and changed the criteria for landlords wanting to borrow money. If you’re a portfolio landlord in the buy-to-let business and you’ve not had to borrow additional...
by Ben Rose | Mar 3, 2021 | Commentary, Featured
My talk at the LLAS Conference on the impact of the pandemic last Thursday included a little speculation on the Budget in the hope that it would set about to aid recovery – and certainly not derail it. Many business owners will have breathed a sigh of relief as...
by Ben Rose | Mar 2, 2021 | Article - Section 24, Featured, Landlord Tax Planning
April 2020 marked the beginning of the fourth and final year for the staged implementation process of Section 24, and an end to private landlords being able to claim finance costs as a tax-deductible expense. Meanwhile the UKs tax payment on account system means...
by Julie Hughes | Feb 10, 2021 | Landlord Tax Planning, Article - Landlord Tax Planning, Blog, Featured
The UK’s tax system is complicated – there’s no denying that. It causes many difficulties for landlords and the self-employed who try their best to stay on top of things. And with constant changes to the system, it’s hard to keep up. Below...
by Julie Hughes | Jan 26, 2021 | Blog, Article - Case Study, Featured
Chris Bailey is a Chartered Accountant and experienced business owner who has been involved in the property industry for almost 30 years. He runs many successful accountancy practices, a tax advisory company and a property Capital Allowance business. Co-Founder...
by Julie Hughes | Dec 23, 2020 | Landlord Tax Planning, Article - Landlord Tax Planning, Featured
The Income Tax Act 2007 (section 836) allows for income from properties that are jointly owned by married couples or civil partners that live together, to be legally split 50/50. However, whilst most landlords are aware that income can be shared equally by married...
