The dangers of letting friends use the holiday let
Furnished holiday lettings have tax benefits that are not available to landlords of residential lets. However, to qualify as a holiday let, certain conditions must
Furnished holiday lettings have tax benefits that are not available to landlords of residential lets. However, to qualify as a holiday let, certain conditions must
If you receive rental income from properties that you let out, you will need to tell HMRC about it on the property pages of your
A property rental business will have a start date and an end date, and it is important to know what those dates are. When setting
If you are feeling the pinch and you have a spare room in your home, you may consider renting it out to earn some additional
A lot of time and paperwork can be saved by claiming expenses using the simplified rates, rather than recording and deducting actual costs. However, if
If you are an employee and you personally incur expenses in carrying out your job, you may be able to claim tax relief for those
Employers who provided their employees with taxable expenses and benefits in 2021/22 need to report these to HMRC by 6 July 2022, unless they have
Expenses and benefits returns P11D and P11D (b) for 2020/21 need to be filed by 6 July 2021. Meeting this deadline is important as penalties
Expenses and benefits returns P11D and P11D (b) for 2020/21 need to be filed by 6 July 2021. Meeting this deadline is important as penalties
If you operate through a limited company, for example as a personal or family company, you will need to extract funds from your company in
When starting a new property, rental period will usually be a preparatory phase during which expenses will be incurred. To what extent is relief available
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