Penalties for Illegal Renting in The UK
Since 2018, UK landlords have faced civil penalties amounting to £215,500 due to illegal renting practices. Therefore, landlords must understand and comply with UK housing practices before leasing their property. In this article, we’ll explore the penalties for illegal renting...
UK Residents Named In Pandora Papers May Face Penalties Of Up To 200%
In this article, we will discuss HMRC's warning to individuals implicated in the Pandora Papers, emphasising the risk of severe penalties, including fines up to 200% of owed tax and potential prosecution. The article will also highlight HMRC's encouragement for...
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.
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.