Tax Planning for Residential Landlords

Planning to take advantage of low interest rates? After a challenging year for the UK’s residential landlords, you might have read about improvements to the buy-to-let mortgage market in recent weeks. In the three months to 31 May 2021, the average interest rates for...

Costs You Can Reclaim on the Business

Expenses and allowances in 2021/22. If you’re self-employed, your business will rack up various running costs throughout 2021/22. Some of those you’re able to deduct as allowable expenses. By deducting these allowable expenses as part of calculating your business’s...

The Tax Implications of Furnished Holiday Lets

COVID-19 prompts high demand for UK holidays. Owning and letting out a holiday home, otherwise known as a furnished holiday let (FHL), has always been a popular way of investing and earning income. Not only do FHLs enjoy many tax advantages over normal residential let...

A Property Tax Shake Up Fuels House Buying Surge

Are you a landlord looking to purchase another rental property? Are you looking to purchase a property for investment purposes? If you are considering moving home in the second half of 2020/21, you are by no means alone. In the month leading up to 8 August 2020,...

Finance Cost Relief for Residential Lets

Life after mortgage interest relief for landlords Historically, landlords have enjoyed generous income and capital gains tax reliefs which helped make residential property an attractive investment for those looking to add to their monthly incomes or provide for...