HM Revenue & Customs has contacted Landlord Today to share this guidance on self-assessment tax filing. ----- For many self-employed workers Self Assessment...
Archive
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
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
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
A legal firm says Chancellor Jeremy Hunt has effectively slashed the value of holiday homes which are sold from April 2025...
08 March 2024
From: Breaking News
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
Painful tax traps have been set for millions of people this year. Your pay may not even have kept pace with...
27 January 2024
From: Tax & Finance
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
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
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
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
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
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
This year Tax Freedom Day fell on Thursday June 8. This was the day of the year by which, theoretically, the...
10 June 2023
From: Tax & Finance
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
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
With the ever-changing landscape of the lettings industry and legislation, being a landlord can be a minefield. So many individuals view...
22 April 2023
From: Agent Advice
A PropTech entrepreneur is advising landlords worried about red tape to use letting agents. Neil Cobbold, managing director of rental payment service...
19 April 2023
From: Breaking News
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 prominent property industry figure says he backs higher council tax for unlet and vacant second homes but warns that Airbnb...
08 March 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
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
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
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
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 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
Tax experts have warned HMRC not to add to the burden of red tape already falling on landlords. The Chartered Institute of...
23 March 2022
From: Breaking News
The Airbnb market in the UK is booming. Before the pandemic there was over 223 thousand active listings on Airbnb in the...
12 February 2022
From: Tax & Finance
A personal finance app says it’s teamed up with a new technology firm to provide a service helping landlords prepare for...
26 January 2022
From: Breaking News
A tax consultancy has produced tips for those faced with the self-assessment tax filing deadline of next Monday - and who...
25 January 2022
From: Breaking News
Landlords who make tax returns on their investment properties via VAT-registered companies must sign up to the HMRC’s Making Tax Digital...
11 January 2022
From: Breaking News
Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, writes: The government has announced extra breathing space for anyone who hasn’t...
08 January 2022
From: Tax & Finance
With 2022 just hours away, here’s a reminder of two tax changes that will directly affect landlords next year - and...
31 December 2021
From: Breaking News
It’s likely that you’ll have something festive lined up over the Christmas period, but in case not - here are a...
21 December 2021
From: Breaking News
Chancellor Rishi Sunak’s Budget has made one small but welcome change to Capital Gains Tax. For those selling UK residential property, including...
28 October 2021
From: Breaking News
If you let out holiday properties or have switched to Airbnb or similar platforms, tax inspectors may be coming for you. Accountancy...
15 October 2021
From: Breaking News
A national accountancy firm says HM Revenue & Customs has discovered huge numbers of landlords avoiding paying tax - as many as...
11 October 2021
From: Breaking News
It’s a common scenario: you put your house on the market, struggle to find a buyer, and then end up renting...
09 October 2021
From: Tax & Finance
Internet searches for ‘how to become a landlord’ have increased by 22 per cent according to Sheards Accountants, a chartered accountancy...
01 October 2021
From: Breaking News
A local council is one of the first to be offering new Go Green Grants to landlords to improve energy efficiency...
28 September 2021
From: Breaking News
A tax expert is warning professional and amateur landlords that if they switch from conventional rentals to Airbnb-style short lets for...
19 August 2021
From: Breaking News
Propertymark wants to hear about examples of fraudulent tenancy applications - a growing problem in the rental sector. A statement from the ARLA wing...
27 July 2021
From: Breaking News
A platform claims it allows buy to let landlords to set up limited companies within 30 minutes, through which they can...
15 June 2021
From: Breaking News
The government’s much-hyped ‘tax day’ yesterday had - by comment consent - an underwhelming impact on the property sector. However, one tax...
24 March 2021
From: Breaking News
A portfolio management platform has launched an Open Banking integration for landlords. The Open Banking concept as it applies to the rental...
02 February 2021
From: Breaking News
A survey conducted for a mortgage broker suggests one in six landlords is unaware that 2019-2020 - tax assessments for which...
19 January 2021
From: Breaking News
Advice from a tax software consultancy suggests that landlords must declare Coronavirus grants in future tax returns, including the next self-assessment...
14 January 2021
From: Breaking News
Summer 2020 saw changes to the 30-day Capital Gains Tax (CGT) rule come into force and talk of a CGT increase...
30 October 2020
From: Conveyancing, Mortgages, Tax & Finance
An accountancy firm is warning Airbnb landlords they may be investigated following a decision by the short lets platform to share data...
09 October 2020
From: Breaking News
It has been just over a month since changes to the 30-day Capital Gains Tax (CGT) rule came into force and...
15 September 2020
From: Breaking News
The government has unveiled plans for the completion of the rollout of the Making Tax Digital (MTD) programme, with the scheme...
23 July 2020
From: Breaking News
The new tax year got underway earlier this week, bringing with it a new set of rules. Since April 2017, the amount...
10 April 2020
From: Breaking News
From this month, HMRC has enacted legislation requiring UK residents to submit capital gains tax (CGT) returns, as well as pay any...
10 April 2020
From: Breaking News
HMRC has re-issued brief guidance on Making Tax Digital (MTD) for landlords and sole traders who will eventually be required to...
13 February 2020
From: Breaking News
The 31st January deadline to submit your self-assessment tax return for the year ended 5 April 2019 has come and gone, however,...
03 February 2020
From: Breaking News
The number of properties and rooms available to book on Airbnb has soared in major UK cities, as landlords, local families...
28 January 2020
From: Breaking News
The tax return deadline when filing your online Self Assessment for the tax year ending 5 April 2019 is just over...
23 January 2020
From: Breaking News
It is that time of year again. Filing an annual tax return is a necessary task for every self-employed person, including...
14 January 2020
From: Breaking News
The tax return deadline when filing your online Self Assessment for the tax year ending 5 April 2019 is less than...
02 January 2020
From: Breaking News
It’s becoming more and more popular for landlords in the UK to buy properties through limited companies, rather than as individuals....
31 October 2019
From: Sponsored Content
Every year is the same. Come tax season, landlords all over the UK find themselves confused when filing a self assessment...
23 September 2019
From: Breaking News
Landlords are being invited to take part in a survey in relation to the existing tax system. The study, which is being...
11 September 2019
From: Breaking News
If as a landlord you are already in the self-assessment tax system then you may be due to pay your payment...
17 July 2019
From: Breaking News
Buy-to-let landlords, property investors and second home owners are being urged to beware of a ‘dramatic change’ to the existing capital...
01 July 2019
From: Breaking News
Returns for private landlords have dropped in recent years, while strong returns have instead come from investing in corporate residential landlords, according...
18 April 2019
From: Breaking News
Tax and legislative changes have unsurprisingly left many buy-to-let investors with little alternative but to pass costs onto tenants by pushing up...
28 March 2019
From: Breaking News
The 31st January deadline to submit your self-assessment tax return for the year ended 5 April 2018 has come and gone,...
04 February 2019
From: Breaking News
With the 31 January deadline for the 2017/18 self assessment tax returns just days away, Blick Rothenberg offers some last minute...
29 January 2019
From: Breaking News
It is that time of year again. Filing an annual tax return is a necessary task for every self-employed person, including...
25 January 2019
From: Breaking News
Investors have long turned to residential property as a means of supplementing their income, supported by strong demand from tenants and...
03 January 2019
From: Breaking News
It’s that time of year again. Filing an annual tax return is a necessary task for every self-employed person, including buy-to-let...
03 January 2019
From: Breaking News
When you rent out property you may have to pay tax. But the rules on paying tax on rental income can...
28 December 2018
From: Breaking News
It’s meant to be a time of good cheer, relaxation and celebration, but for many, Christmas is stressful, not least for...
24 December 2018
From: Breaking News
Draconian tax changes applying to buy-to-let investors will leave many private landlords with little alternative but to evict tenants and sell...
12 December 2018
From: Breaking News
Several ideas have been floated as potential proposals in this month’s Budget, including financial incentives for those offering longer tenancies. But...
12 October 2018
From: Breaking News
A new guide to help brokers navigate recent and upcoming tax changes with their landlord clients’ has been launched by Accord...
08 October 2018
From: Breaking News
If as a landlord you are not yet in the self-assessment tax system then you need to register for tax self-assessment...
25 September 2018
From: Breaking News
The Bank of England’s decision to raise the interest rate yesterday, from 0.5% to 0.75%, will increase the interest costs of...
03 August 2018
From: Breaking News
If as a landlord you are already in the self-assessment tax system then you may be due to pay your payment...
31 July 2018
From: Breaking News
Many buy-to-let landlords in the UK are often overwhelmed with confusion and fear whenever discussing or thinking about tax, as it...
01 May 2018
From: Breaking News
07 March 2018
From: Breaking News
Who are you? Will Handley, CEO of HomeRenter What does it say on your business card? CEO and Co-founder What is HomeRenter? HomeRenter’s mission is to...
08 February 2018
From: 60 Second Interview
The 31st January deadline to submit your self-assessment tax return for the year ended 5 April 2017 has come and gone, but almost...
05 February 2018
From: Breaking News
With the 31 January deadline for the 2016/17 self assessment tax returns almost upon us, Blick Rothenberg offers some last minute...
30 January 2018
From: Breaking News
Buy-to-let landlords will still benefit from £16.7bn worth of tax relief, based on claims from the latest year’s tax returns, even...
09 January 2018
From: Breaking News
It’s that time of year again. Filing an annual tax return is a necessary task for every self-employed person, including buy-to-let...