Let Property Campaign Penalties: What You Need to Know
Learn about the penalties that you can face as a landlord for failing to comply with the Let Property Campaign.
Multiple Dwellings Relief on Granny Annexes and Separate Dwellings
This article discusses Granny Annexes, their Stamp Duty Land Tax implications, and the potential for savings through Multiple Dwellings Relief, emphasising the importance of professional advice from UK Property Accountants.
Claim Mileage Allowance Relief: HMRC Business Mileage Rates
This article outlines the HMRC-approved mileage allowance rates for business-related travel in the UK for the tax year 2022/23 and provides guidance on calculating Mileage Allowance Relief and making claims through a Self-Assessment tax return.
What is More Tax Efficient – Pay Myself a Salary or Dividends
This article discusses the decision-making process for directors in choosing between salary and dividends, considering factors like tax efficiency and individual circumstances.
Incorporation Relief – Transfer of Liabilities
This article talks about the complexities of transferring liabilities during the incorporation of a property partnership business into a limited company, discussing key considerations, incorporation relief qualifications, and methods such as novation and indemnity to ensure a smooth transition.
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.
Private Residence Relief – A Complete Guide
This article explains Private Residence Relief (PRR), a capital gains tax exemption for property sales when the property is your primary residence, covering eligibility conditions, calculation methods, and scenarios such as owning multiple properties or nominating a main residence.
Incorporation Relief – A Complete Guide
This article discusses the benefits and conditions of "Incorporation Relief" for property developers and landlords looking to transfer their rental businesses from a sole trader/partnership to a Limited Company.
Benefits of Incorporated Partnership for Landlords
In this article, we explore the advantages of transferring a property business from a partnership to a limited company in the UK. The benefits include reduced income tax, Stamp Duty Land Tax savings, lower Capital Gains Tax rates, enhanced interest...
By using this website, you agree to our use of cookies to enhance your experience.
For more information, please see our Cookie Policy.
Close