Here’s How You Can Reduce Your Council Tax Bill in the UK
This article explains the UK council tax system, covering payment responsibilities, potential reductions, support schemes, property bands, and payment methods, with a mention of a council tax rebate.
A Complete Guide to Let Property Campaign
This guide covers the Let Property Campaign (LPC), explaining its purpose, eligibility, and the disclosure process for landlords with undeclared rental income, along with examples of HMRC letters and potential penalties.
How Can Someone be Treated as a UK Resident for Tax Purpose?
The article explains the significance of residential status for tax liability in the UK, detailing the Automatic Overseas Tests, Automatic UK Tests, the Sufficient Ties Test, and considerations for split years in determining an individual's tax residency.
Buying Property Through A Limited Company – The Pros and Cons
In this article, we explore the considerations and factors involved in deciding whether to buy property through a limited company or personally, highlighting the advantages and disadvantages of each approach, including tax implications, mortgage interest deductions, and access to tax...
A Complete Guide on Land Remediation Relief
This article discusses Land Remediation Tax Relief in the UK, which offers up to a 150% deduction for cleaning and reclaiming contaminated land, promoting economic growth and environmental sustainability.
A Complete Guide to Annual Tax on Enveloped Dwellings (ATED)
This article provides information on ATED, an annual tax on UK residential properties owned by companies valued above £500,000. It outlines potential reliefs and emphasises that non-compliance may result in penalties. Read more to find out.
Income Tax in UK – A Complete Guide
This article explains the income tax rules for UK landlords, including rates, allowances, deadlines, penalties, and special issues.
