by admin | Jan 17, 2020 | HMRC, Tax
2017 Income Tax – Restriction of finance costs for individual property landlords Did you know that in his 2015 post-election summer Budget, George Osborne informed residential landlords that from April 2017 their ability to claim higher rate tax relief for... 
by admin | May 8, 2019 | HMRC, Tax
“Rent A Room” Relief To Continue For Air BnB Landlords If you are a landlord renting out part of your property, you will know that you need to pay taxes on any revenue coming from property income, but that there are also tax relief measures you can take advantage of.... 
by admin | Jan 5, 2018 | Tax
NEW YEAR RESOLUTIONS AND NEW GOALS TO SAVE TAX At this time of year, we think about New Year’s resolutions when it’s also a good time to start planning our tax affairs before the end of the tax year on 5 April. You could maximise your ISA allowances for the... 
by admin | Dec 1, 2017 | Tax
We watched our Chancellor Philip Hammond’s second budget, as he committed to spending more on infrastructure projects and stimulating the housing market. This time round, he had to put on a good performance to keep his job, after criticism following his Spring Budget.... 
by admin | Nov 17, 2017 | Tax
Furnished Holiday Business & Inheritance Tax (IHT) Your furnished holiday letting business is not a business for IHT relief. If you own a furnished holiday letting business, this will be treated as a trade for most tax purposes. For example, capital allowances are...