‘Brightline’ test for FHLs ruled out
Landlords with furnished holiday lettings (FHLs) face an uncertain future. At the time of the Spring 2024 Budget, it was […]
‘Brightline’ test for FHLs ruled out Read Post »
Tax implications of letting out your drive
If you have room on your drive, you may be able to earn additional income by letting out one or
Tax implications of letting out your drive Read Post »
Letting through a company
The interest restriction for landlords letting residential property on long lets, the proposed abolition of the favourable furnished holiday letting
Letting through a company Read Post »
Claiming a deduction for the expenses of a property business
Expenses will be incurred in running a property business. To ensure that tax is not paid unnecessarily, it is important
Claiming a deduction for the expenses of a property business Read Post »
A repair or an improvement and why it matters
As a landlord, periodically you will need to undertake work on your property. This may simply involve fixing a leaky
A repair or an improvement and why it matters Read Post »
Beware of the lifetime limit when claiming BADR on the sale of the FHL
Landlords with furnished holiday lettings (FHLs) are living in uncertain times. At the time of the 2024 Spring Budget, it
Beware of the lifetime limit when claiming BADR on the sale of the FHL Read Post »
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
Property Investment – What SIC Code Should I Use For My Property Company? Read Post »
When is a child’s income taxable on their parent?
Children may have their own income. This may be in the form of savings income on accounts that they hold
When is a child’s income taxable on their parent? Read Post »