Can I Live in My Buy-to-Let Property?
A buy-to-let property is acquired with the intention of renting it to tenants. Generally, the property owner is not permitted to reside in a buy-to-let property. However, there may be circumstances under which living in such a property is allowed....
Buy to Let Landlords Warned: £50m Tax Avoidance Scheme
HMRC warns buy-to-let property owners of a tax avoidance scheme, spotlighting 'Less Tax 4 Landlords Ltd,' citing potential losses up to £50 million and urging participants to rectify their tax affairs.
Buy-to-Let Landlords Incorporate in Response to Market Challenges
Learn how the tax environment and market conditions have become less favourable for buy-to-let landlords in the UK, and how some of them have opted to incorporate their properties into limited companies to improve their tax efficiency.
A Complete Guide on Multiple Dwellings Relief Eligibility and Benefits
Investors in the UK property market can save on Stamp Duty Land Tax (SDLT) by leveraging Multiple Dwellings Relief (MDR) when buying two or more dwellings. MDR eligibility includes purchasing separate houses, apartments, or mixed-use properties, meeting suitability criteria for...
Tax on Airbnb Income
The article outlines UK tax considerations for Airbnb hosts, covering the Rent-a-Room scheme, Capital Gains Tax reliefs, VAT implications, recent changes for serviced accommodation businesses, and HMRC's campaign targeting undeclared income.