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?
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.
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.
Current capital gains tax (CGT) rates are too complex and should be aligned with those for income tax, according to the Office for Tax Simplification (OTS) – what could this mean for landlords?
New rules introduced in April 2015 mean non-residents are liable to UK capital gains tax on the sale of UK residential properties – how does it work and what do you have to do?
Our landlord clients often ask challenging and interesting questions. Simon Thandi, director and co-founder of UK Landlord Tax has the answers.
We’ve got a commitment to demystify tax for landlords and know that some of our clients find the technical language confusing. So here it is, explained.
Even with everything that’s been going on, 2020/21 tax year brought in some notable changes for landlords, which are worth knowing about.
Advice on the tax implications of selling a second property compared with letting it, in the wake of recent changes to UK tax relief.