PROPERTY BLOG
Virtually time for the office Christmas party
Despite the crazy and uncertain times that we find ourselves living in, directors and employees can still celebrate Christmas in tax-free style – even it …
Rent-a-room relief
The rent-a-room scheme allows those with a spare room in their home to let it out furnished and to receive rental income of £7,500 tax-free …
Doing up properties – Are you trading?
There can be money to be made buying a property in a dilapidated state, renovating it, and selling it for a profit. However, when it …
Can you claim business asset disposal relief on the sale of the holiday let?
Furnished holiday lets benefit from a number of tax advantages which are not available to landlords of residential lets. One of the main advantages is …
Property repairs and maintenance – what can you deduct?
Anyone who owns a property will need to carry out repairs and maintenance from time to time. Where the property is let out, the question …
Tax implications of student lets
As the new academic year begins, for student starting or returning to university, the 2020/21 academic year looks very different to normal. While many students …