Unlocking the Benefits of HMO Properties in Redbridge and Ilford
This article emphasises the importance of complying with regulations for Houses in Multiple Occupation (HMOs) to avoid fines, rent repayment orders, or potential council intervention.
Leasehold Law Reforms Included in the King’s Speech
This article discusses the UK government's plan to introduce a bill phasing out some leaseholds, targeting new houses, capping ground rents, and altering standard lease extension terms to promote home ownership and address exploitative practices.
Supreme Court Ruling: £385k Tax Dispute Resolved in HMRC’s Favor
The article discusses a landmark Supreme Court ruling in the UK, favoring HMRC in a £385k tax dispute with Vermilion Holdings. The case revolves around the taxation of a share option received by a software engineer, establishing a crucial precedent...
Mortgage Rate Crunch & Challenges in UK Property Market
The article reveals a significant upheaval in the UK property market as rising mortgage rates, resulting in a £15bn annual drain on landlords, pose challenges and potential sell-off trends, reshaping the landscape for property investors and tenants.
UK Housing Market Report Summary: August 2023
The article provides a detailed overview of the UK housing market in August 2023, covering key findings, economic trends, property price changes, sales volumes, property registration status, buyer status, and funding status.
HMRC Clarifies Overlap Relief Calculation Process for Taxpayers
The article highlights HMRC's guidance on calculating overlap relief, a crucial aspect of the basis period reform effective from April 2023, providing insights for businesses, particularly sole traders and partnerships, to ensure accurate and timely submissions for a smooth transition...
Couple Wins Tax Dispute: HMRC Loses £541,821 Property Tax Battle
The UK's Upper Tribunal ruled in favor of a couple in a property tax dispute, affirming their correct calculation for principal private residence relief and puts an emphasis on the significance of understanding intricate tax regulations.
London’s Rental Market Shows Resilience: Supply Increase, Strong Demand, and Rent Hikes
London’s rental market is showing signs of recovery after a pandemic-induced slump. According to experts, the supply of new rental listings grew steadily in September, marking a notable 10% increase year-on-year. This growth in available rental properties is a welcome...
Property 118 Hybrid LLP Model & Tax Policy Associates Comprehensive Analysis
The Tax Policy Associate's report raises concerns over Property118's alleged tax reduction scheme for landlords, highlighting potential mortgage defaults and tax repercussions, as the model faces scrutiny from HMRC.
By using this website, you agree to our use of cookies to enhance your experience.
For more information, please see our Cookie Policy.
Close