Finance & Accounting
Rising mortgage costs – What tax relief is available?
In a climate of interest rate hikes and rising mortgage rates, property investors will want to ensure that they do not miss out on tax
December 2, 2022
Finance & Accounting>Finance & Accounting
Reporting income from property
The deadline for filing the 2020/21 self-assessment tax return online is 31 January 2022. If you received income from property, you may need to tell
November 13, 2021
Finance & Accounting>Finance & Accounting
Furnished holiday lettings and business asset rollover relief
Furnished holiday lettings have a number of tax advantages compared to standard residential lets, and one of the key ones is the availability of business
October 13, 2021
Finance & Accounting>Finance & Accounting
SDLT and uninhabitable properties
For many the lure of a renovation project is strong and for those looking to generate rental income, doing up a dilapidated property to let
September 13, 2021
Finance & Accounting>Finance & Accounting
Furnished holiday lettings and interest costs
For tax purposes, furnished holiday lettings are something of a special case and benefit from a number of advantages not available to standard residential lets.
September 10, 2021
Finance & Accounting>Finance & Accounting
Stamp duty land tax refunds
The additional stamp duty land tax (SDLT) rate of 3% is payable by purchasers of residential properties costing £40,000 or more and if all of
September 8, 2021
Finance and Accounting
Property Investment – What SIC Code Should I Use For My Property Company?
A SIC code stands for Standard Industrial Classification code and classifies your business activity at Companies House. SIC code for a company can be changed
August 11, 2021
Finance and Accounting
Working out the capital gain on the sale of an investment property
If you sell a property that has not been your main residence throughout the period that you have owned it, you may need to pay
August 9, 2021
Finance and Accounting
New lower SDLT residential threshold
Back in July 2020, the residential stamp duty land tax threshold in England and Northern Ireland was increased to £500,000 to help stimulate the property
July 23, 2021