The chief executive of a renowned tax and financial advisory service says the country should prepare for a rise in Capital...
Archive
HM Revenue & Customs has contacted Landlord Today to share this guidance on self-assessment tax filing. ----- For many self-employed workers Self Assessment...
10 August 2024
From: Tax & Finance
Here’s a novelty - a small gift, of a kind, from HM Revenue & Customs. Because the Bank of England Monetary Policy...
05 August 2024
From: Breaking News
At least four individuals who appear to be landlords have been named on the latest list of “deliberate tax defaulters” published...
01 August 2024
From: Breaking News
Self-Assessment taxpayers required to make advance payments towards bills are urged to pay before midnight on July 31 - tomorrow -...
30 July 2024
From: Breaking News
Renting out your driveway can seem like a hassle-free way to earn extra income. With the rise of platforms dedicated to...
27 July 2024
From: Tax & Finance
A controversial council claims that HMRC is working with its enforcement team because many landlords who avoid licensing schemes are also...
19 July 2024
From: Breaking News
As July heats up, so does the pressure for many to meet critical financial deadlines. James O’Brennan a finance expert from Federal...
06 July 2024
From: Tax & Finance
As a homeowner in the UK, navigating the complex landscape of taxes and regulations enforced by HM Revenue and Customs (HMRC)...
29 June 2024
From: Tax & Finance
With the General Election campaign increasingly focusing on tax - on property and other assets and income - new figures from...
25 June 2024
From: Breaking News
It’s been suggested that a Tory manifesto policy could create a tax loophole that would cost HMRC millions of pounds in...
12 June 2024
From: Breaking News
A controversial stamp duty change - announced months ago but coming into effect tomorrow - has been described as a missed...
31 May 2024
From: Breaking News
This has been prepared by HMRC for landlords who are also pensioners - What is Self Assessment? Self Assessment is the process used to...
25 May 2024
From: Tax & Finance
HM Revenue and Customs has opened almost 2,000 investigations into landlords letting out via Airbnb or other short let platforms. The Daily...
21 May 2024
From: Breaking News
HMRC is appealing to landlords to file Self Assessment tax returns early - and claims there are benefits to doing so. In...
16 May 2024
From: Breaking News
HMRC is today launching a pilot scheme for Making Tax Digital, the controversial proposal for quarterly reporting for landlords and the...
22 April 2024
From: Breaking News
HM Revenue and Customs has done a rapid U-turn on a decision to close its self-assessment telephone helpline for half the...
21 March 2024
From: Breaking News
The management of BTL properties, whether it's a modest collection of three units or a more sizable portfolio of fifteen, can...
15 March 2024
From: Sponsored Content
One of the biggest parts of buying a holiday home is securing a holiday let mortgage which can differ substantially to...
24 February 2024
From: Agent Advice
The government has confirmed that Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will cost landlords both extra money...
22 February 2024
From: Breaking News
Although SDLT receipts have been volatile in recent years, the property tax’s effectiveness as a revenue-raiser for the Government is not...
10 February 2024
From: Tax & Finance
Airbnb says it will continue to share hosting data with HMRC because its landlord hosts want to pay their fair share...
29 January 2024
From: Breaking News
HM Revenue and Customs says that its latest data - one week ahead of the January 31 Self Assessment deadline -...
26 January 2024
From: Breaking News
Airbnb has taken further steps to get in the good books of HMRC by issuing a guide on tax for its...
12 January 2024
From: Breaking News
New data from HM Revenue and Customs reveals a 22 per cent annual drop in residential transactions in the year to...
02 January 2024
From: Breaking News
There are now fewer than 35 days until self employed workers - including many landlords - will need to submit their...
30 December 2023
From: Tax & Finance
Thousands of Britons earning from letting their spare room or using parts of their home on platforms like Airbnb could be...
28 December 2023
From: Breaking News
A business consultancy claims the HMNRC Self-Assessment helpline - set up to assist those compiling and filing tax returns as the...
21 December 2023
From: Breaking News
A prominent tax consultancy says landlords who transferred their rental properties in a company in 2017/18 are being targeted by HMRC. It’s...
12 December 2023
From: Breaking News
HM Revenue and Customs has provided answers to the top five questions asked on the Self Assessment helpline. Do I need to fill...
09 December 2023
From: Top tips & guides
Britain’s top 100,000 taxpayers footed an average income and capital gains tax bill of £559,000 each in 2021/22. That’s up by 18...
09 December 2023
From: Tax & Finance
Good news for landlords earning under £30,000 a year - they will not have to use the HMRC’s Making Tax Digital...
24 November 2023
From: Breaking News
HMRC has produced this material for landlords concerned at the prospect of self-assessment - What is Self Assessment and why do I need...
04 November 2023
From: Tax & Finance
HM Revenue and Custoims is running a series of webinars aimed primarily at those new to earning income from property of...
20 October 2023
From: Breaking News
Airbnb hosts - even those using just a spare room for occasional letting - will be amongst those subject to new...
18 October 2023
From: Breaking News
Landlords grappling with tax returns have been given some advice - file them sooner, rather than later. Data analysed by business consultancy...
14 October 2023
From: Tax & Finance
The National Residential Landlords Association has suspended its link with Less Tax 4 Landlords. This follows publicity surrounding Less Tax 4 Landlords...
09 October 2023
From: Breaking News
HMRC has contacted Landlord Today to draw attention to new guidance it has issued over a tax avoidance scheme aimed at...
06 October 2023
From: Breaking News
A wealth management organisation has raised the spectre that some families may end up overpaying inheritance tax. And with property wealth being...
25 August 2023
From: Breaking News
The lack of available housing stock is creating huge problems throughout the Private Rented Sector, including the supply chain. We all know...
19 August 2023
From: The Big Issues
HMRC has prepared a guide to landlords’ and other property professionals’ self-assessment. Here’s the guide in its entirety. - The year is flying by...
16 August 2023
From: Breaking News
Any landlord hit with late payment surcharges from HM Revenue & Customs will now face even higher charges. As a result of...
09 August 2023
From: Breaking News
A prominent accountant is warning that the upcoming Renters Reform Bill, when it becomes law, will be used by HMRC to...
18 July 2023
From: Breaking News
A long-standing tax consultancy has raised the spectre of too much Stamp Duty ha wing been paid thanks to mistakes made...
13 July 2023
From: Breaking News
One of the country’s most prominent housing market indices says the current imbalance between supply and demand in the rental sector...
19 June 2023
From: Breaking News
HMRC has recently launched a renewed investigation into Airbnb hosts, with the site compelled to share earnings data to assist in...
17 June 2023
From: Tax & Finance
Inheritance tax receipts hit £600 million in April 2023 according to data released by HMRC. This is £100 million higher than...
03 June 2023
From: Tax & Finance
This year is set to bring sweeping rental reforms that will change the face of lettings forever. Landlords should be following...
02 June 2023
From: Sponsored Content
Scrapping a tax hike on rented housing may help ease the housing crisis faced by tenants, according to an analysis by...
01 June 2023
From: Breaking News
HMRC has contacted Landlord Today to make a direct appeal to readers to explain the benefits of submitting their 2022 to...
30 May 2023
From: Breaking News
A tax expert is advising landlords to avoid failing to register their property sales for Capital Gains Tax within 60 days...
26 May 2023
From: Breaking News
The launch of a new landlord database, proposed by the Renters Reform Bill, could provide HMRC with a gold mine of...
22 May 2023
From: Breaking News
Landlords have again become the focus of HMRC. The government department is currently using data from rent deposit schemes to assess...
13 May 2023
From: Tax & Finance
HMRC says UK residential transactions in March totalled 89,560 - that’s a chunky 19 per cent lower than the same month a...
02 May 2023
From: Breaking News
New figures show that property taxes - often rising as a result of frozen thresholds - lead the way as the...
26 April 2023
From: Breaking News
Landlords are exiting the market in droves. According to an accountancy firm who analysed HMRC data, 70,000 buy-to-let landlords left the sector...
06 April 2023
From: Sponsored Content
A tax expert has set out top tips for landlords as they embark on a new financial year. Mike Parkes, tax expert...
05 April 2023
From: Breaking News
A business consultancy is reporting a rise in stamp duty paid by landlords and other home buyers - but is warning...
22 March 2023
From: Breaking News
Companies that own UK residential properties have one month to revalue and tell HM Revenue and Customs if any are worth...
01 March 2023
From: Breaking News
Landlords of Airbnbs and other short-lets risk facing penalties for tax evasion if they fail to report income on their rental...
27 February 2023
From: Breaking News
Accountants and tax advisers are reporting that HMRC has sent out a spate of what are called ‘one-to-many’ letters to taxpayers. The...
21 February 2023
From: Breaking News
High profile independent law firm Mishcon de Reya is hosting an in-person panel discussion on recent experiences with HMRC - and...
17 February 2023
From: Breaking News
It’s the time of year when everyone is rushing to meet the self-assessment deadlines. Unfortunately, experience shows that there will be...
28 January 2023
From: Tax & Finance
A top Tory who is chair of the Conservative backbench Treasury Committee and a member of the Treasury Select Committee says...
25 January 2023
From: Breaking News
The consumer service Which? Has taken the unusual approach of setting out a 12 point guide to landlords about how to...
24 January 2023
From: Breaking News
Landlords making self-assessment tax returns may already be starting to sweat - the deadline is midnight on January 31. Overall - landlords...
21 January 2023
From: Tax & Finance
If you’re looking to make some extra cash in 2023 as the cost of living continues to bite, you may consider...
14 January 2023
From: Tax & Finance
The government has accepted arguments put forward by landlords and accountancy groups, and delayed a key deadline for compulsory digital tax returns. A...
20 December 2022
From: Breaking News
The government has been told it should should think again about its plans to make it compulsory for landlords and self-employed...
16 December 2022
From: Breaking News
Although the property and mortgage markets have been in a state of flux for the past few months, with rising interest...
03 December 2022
From: Tax & Finance
New figures from HMRC this week show that the Treasury raked in another £4.1 billion in inheritance tax receipts in the...
26 November 2022
From: Tax & Finance
New data just released by HM Revenue & Customs shows income tax, national insurance and capital gains tax receipts for April...
23 November 2022
From: Breaking News
An accountancy expert claims that inflation and rising rents could push more landlords over the £10,000 threshold for Making Tax Digital. Currently...
21 November 2022
From: Breaking News
HMRC is targeting residential landlords who it suspects are not declaring their full rental income, warns tax advisory service Kreston Reeves. The...
14 November 2022
From: Breaking News
HMRC has contacted Landlord Today to make a direct appeal to readers to complete accurate and timely tax returns. A spokesperson says:...
11 November 2022
From: Breaking News
A prominent figure in the lettings industry is warning the Tories against ‘stealth increases’ for Capital Gains and Inheritance taxes. David Alexander...
09 November 2022
From: Breaking News
An influential new report wants higher taxes for landlords letting holiday properties. The Office for Tax Simplification - a division of HM...
07 November 2022
From: Breaking News
HMRC is intensifying its efforts to track down landlords with undisclosed income, a financial consultancy claims. Perrys, a firm of chartered accountants,...
01 November 2022
From: Breaking News
As landlords know better than most, property taxes are a rich seam of revenue for the government. And now, new figures show...
24 October 2022
From: Breaking News
A probe by the Financial Times has found that some 26,500 individuals missed the Capital Gains Tax filing deadline in 2021-22...
20 September 2022
From: Breaking News
Managing property finances can be hard work, long-winded and stressful. With regulation changes and market volatility, keeping on top of your...
10 September 2022
From: Tax & Finance
If you’re counting the days until you’ll get help with runaway price rises, it helps to know exactly how many days...
03 September 2022
From: The Big Issues
HMRC is reported to have issued a warning to people who used Airbnb or other short-let platforms to find tenants during...
23 August 2022
From: Breaking News
Latest figures released by HM Revenue & Customs show yet another large increase in the amount of taxation received by the...
22 August 2022
From: Breaking News
New research from an online buy to let mortgage broker shows that average rates for some typical deals favoured by landlords...
16 August 2022
From: Breaking News
More SME landlords are seeking advice about whether now is the right time to incorporate, before progressing plans to secure more...
13 August 2022
From: Tax & Finance
The UK government’s ban on the sale of new combustion cars from 2030 is fuelling a surge in Electric Vehicle adoption....
13 August 2022
From: The Big Issues
New figures show that the amount of Capital Gains Tax raked in by HM Revenue & Customs has skyrocketed. The Revenue received...
08 August 2022
From: Breaking News
A big change in the way landlords monitor their property finances and file their taxes is fast approaching in the form...
30 July 2022
From: Tax & Finance
HM Revenue & Customs has stepped back from a change in the deadline for first-time landlords to give notice of their...
21 July 2022
From: Breaking News
HMRC is seeing substantial delays in the processing of self assessment tax returns, it’s being claimed. A company called RIFT Tax Refunds...
11 July 2022
From: Breaking News
New figures released this morning show that buy to let investors and second home buyers now pay almost half of the...
22 June 2022
From: Breaking News
The number of households taking lodgers has declined in recent years according to new research. The number of homes taking one lodger...
22 June 2022
From: Breaking News
HM Revenue & Customs has named and shamed a string of landlords who, it claims, have collectively avoided many millions of...
21 June 2022
From: Breaking News
New research shows that, since 2016, the average stamp duty payment on buy to let homes has increased by £11,848 in...
10 June 2022
From: Breaking News
The independent expert advisers to government on tax simplification, the OTS, says there has been a strong response to its consultation...
13 May 2022
From: Breaking News
Buy to let landlords claimed a record £18.5 in tax relief in the year to April 2021, the most recent data...
05 April 2022
From: Breaking News
Even before the pandemic, we were seeing dramatic changes across the buy-to-let landscape with holiday lets steadily increasing in appeal –...
02 April 2022
From: Top tips & guides
Tax experts have warned HMRC not to add to the burden of red tape already falling on landlords. The Chartered Institute of...