Landlord News
HMRC Flags Dubious Tax Scheme Targeted at Property Sector
HMRC has raised an alarm over a controversial tax planning strategy, often presented as a ‘hybrid business model’, targeted towards individual landlords seeking to restructure…
HMRC
Landlord News
New Record in UK Capital Gains Tax Receipts Shows an Evolving Trend
In a revealing trend, Capital Gains Tax (CGT) receipts in the United Kingdom have reached a record £16.7 billion in the 2021/22 tax year, reflecting…
Landlord News
Upcoming Landlord Database: A Potential ‘Gold Mine’ for Tax Investigators
A new landlord database, currently in draft legislation phase, could provide HM Revenue and Customs (HMRC) with valuable information to pursue landlords for unpaid tax,…
Landlord News
Landlord Tax Crackdown: HMRC Fines Skyrocket as 5,429 Investors Caught Underpaying Taxes
A renewed push on taxes by HM Revenue & Customs (HMRC) has resulted in a staggering 83% increase in property investors caught underpaying income tax…
Landlord News
Buy-to-Let Landlords Fuel Surge in Capital Gains Tax Receipts
Newly released data from HM Revenue and Customs (HMRC) indicates that Capital Gains Tax (CGT) receipts have soared as buy-to-let landlords unload property holdings due…
Landlord News
Landlords given more time to get ready for tax shake-up
Landlords had been given an extra two years to prepare for a requirement that they maintain their accounting records using a computer system able to…
Landlord News
HMRC clamping down on unregistered estate agents
Estate agents Stacey Mann Estates Limited, Roman James Estates Limited, and Janice Chissick Estates Limited are among a long list of property and other businesses…
Landlord News
Revenue holds fire on late filing penalties
Landlords having problems meeting self-assessment filing deadlines have been allowed an extra month to complete their online returns. HMRC has announced that it will not…
Landlord News
CGT reporting problem leads to overpayments
Landlords who have disposed of property last tax year and have sold, or intend to sell another this year, have been warned of a tax…
Landlord Articles
Landlord Tax ‒ Q&A with APARI
As a landlord, you are responsible for recording and submitting your rental income and expenses to HMRC for tax purposes. While being a landlord does…
Landlord Articles
Making Tax Digital (MTD) for Landlords – are you ready?
As a landlord, you’ll need to start thinking about how you will transition to HMRC’s new Making Tax Digital (MTD) for Income Tax regulations. As…
Landlord News
Landlords warned over unpaid tax
UK buy-to-let landlords who have admitted to evading tax on their rental income underpaid an average of £4,480 in tax last year, accounting firm UHY…
Landlord News
Short term rental income under increased scrutiny
Landlords who offer short term lets through Airbnb or other portals are being warned to double check that their tax returns are in order. The…
Landlord Articles
Landlord Duties are Manifold
Landlords will be used to wearing many hats. They are landlords, but are also expected to perform other duties. Behave like charities when their tenants…
Landlord Articles
Mixed Partnerships Landlord Taxation Strategy
The mixed partnership structure is often a good fit for landlords who are already paying higher rate tax or are pushed into the higher rate…