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 | 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...
by Ben Rose | Nov 18, 2020 | Landlord Tax Planning, Blog, Featured
You’ve probably already heard by now, the Office of Tax Simplification (OTS) has, among other things, called for consideration that Capital Gains Tax rates be increased to match income tax rates. But what does this mean for Landlords? First, it’s important to...
by Julie Hughes | Nov 9, 2020 | LT4L News, Featured
As England enters another national lockdown, it’s understandable for Landlords to feel uneasy about what this means for their income and financial position. The scaling back of government support has been delayed but is looming large on the horizon. Meanwhile,...
by Ben Rose | Nov 2, 2020 | Landlord Tax Planning, Blog, Featured
A version of this article was first published in the October 2020 edition of the London Landlord Accreditation Scheme (LLAS & ATLAS) Newsletter The fate of any business is always tied to the fate of its customers. Landlords are no different. With the scaling back...