UK Landlord Tax blog
What Property Expenses Can You Claim As A Landlord?
Cash Basis vs Accruals Basis The majority of landlords prepare accounts using the default 'cash basis' where income is recognised when received and expenses when paid (providing that the expense is incurred 'wholly and necessarily' for the business). Although this...
How to File Corporation Tax Returns for Non-Resident Limited Companies
New Changes for Non Resident Limited Companies Non-resident limited companies that own UK rental property are now well into the first year of filing their accounts under the corporation tax system. Previously, foreign limited companies would file an SA700 under the...
Capital gains tax reporting, even if there’s nothing to pay
On paper, it’s cut and dried in terms of who needs to report capital gains tax and by when. But what happens when there’s no capital gains tax to pay? Do you still need to submit a report?
Should I buy rental property through a limited company?
We won’t sit on the fence here: in most cases, for higher-rate taxpayers, buying rental property through a limited company does make sense.
How to approach HMRC about property tax problems
In many ways, HMRC has become much easier to deal with in recent decades. Its officials seem more willing to talk and to give advice – and often more flexible. At the same time, any landlord contacting them should be careful and methodical.
What Spring Budget 2021 means for residential landlords
On 3 March, Rishi Sunak delivered his second Budget. It was more about spending than tax, but did include news of some tax changes and increases.
How did your landlord tax return go this year?
A landlord tax specialist could save you money and save you from frustration. Here’s a checklist of what you ought to expect from your accountant.
What we do during tax return season
With self-assessment deadlines upon us, it’s a busy time of year for accountants all over the country and the same is certainly true for the property tax experts here at UK Landlord Tax.
Self-assessment advice for landlords
The fact is, we’re too busy to help in person right now, but we don’t like the thought of people struggling so here’s some hopefully helpful advice.
The tax advantages of being an Airbnb landlord
After a series of unpopular tax changes in the buy-to-let sector, many landlords have decided to move to short-term letting on platforms like Airbnb.
Got a question for our landlord tax experts?
If there’s a property tax issue that has you puzzled or worried, get in touch. Everyone on our team loves to talk, especially when it helps people like you find peace of mind.