If you’ve invested in a property to let and furnished it, you will be liable to pay tax on the income you receive from letting the property out.
Category: Property
Personal tax planning strategies for the new tax year
The 2024/25 fiscal year has just begun, which means your previous allowances and exemptions have reset (as of 6 April).
Short-term let owners to face new planning permission requirements
For owners of an Airbnb or other short-term let properties, new planning legislation is set to come in by Summer 2024, which could lead to new fees and penalties for non-compliance.
Understanding Capital Gains Tax on property investments
Investing in property can be a lucrative venture, but it’s essential to understand the implications of Capital Gains Tax (CGT) on these investments to protect your investments from unexpected costs.
Landlords should bring UK tax affairs up to date before Renters Reform Bill is enforced in law
The Government is looking to introduce the Renters Reform Bill, which if made law, will be the biggest shake-up to housing laws in forty years. Read More