Insight & Opinion on Property Tax: UK Landlord Tax

Tax Implications Around Moving to Dubai from the UK

Oct 20, 2023
| Uncategorized

Dubai has become a hugely popular destination for UK residents looking for career opportunities, lifestyle benefits, and of course, the favourable tax regime. The UAE does not levy personal income tax...

The Tax Implications Of Moving to Australia from the UK

Oct 18, 2023
| Uncategorized

Moving to a new country is an exciting time and life-changing experience, but careful consideration is required of the financial obligations the Australian Tax Office (ATO) poses on new residents. Aus...

Claiming Private Resident Relief For Periods Of Non Occupancy

Oct 16, 2023
| Uncategorized

Introduction Sylvia purchased a property ten years ago. She lived in it for two years before being seconded by her employer to work in another part of the UK. Sylvia lived there for five years before ...

HMRC’s Opinion On Hybrid LLP’s – Why They Don’t Work

Oct 11, 2023
| Uncategorized

A heavily promoted tax scheme using an LLP with a corporate shareholder has literally come under the spotlight by HMRC. The scheme was promoted to landlords to avoid paying tax on their property incom...

Register of Overseas Entities – Steps & Deadline

Oct 9, 2023
| Overseas Registry

The Register of Overseas Entities came into force in the UK on 1 August 2022 through the new Economic Crime (Transparency and Enforcement) Act 2022. This legislation applies to any overseas company th...

Register of Overseas Entities – Guidance & FAQs

Oct 6, 2023
| Uncategorized

The Register of Overseas Entities is a measure aimed at enhancing the transparency of property ownership in many countries. Its primary goal is to prevent money laundering, tax evasion, and illicit fi...

UKLandlordTax Mentioned In The National Press – Our Latest Feature In This Is Money

Oct 4, 2023
| Uncategorized

We are thrilled to share some fantastic news with our readers and clients. UKLandlordTax has recently been recognised for its expertise in the field of tax advice for landlords and we have been featur...

How This Doomed Tax Scheme Has Unfortunately Duped Many Landlords & What To Do Next

Sep 19, 2023
| Uncategorized

Anyone thinking of transferring existing rental properties to a limited company should read this. An overview of the position for Landlords An infamous firm of ‘Accountants and Tax Advisors’ with a w...

UK Resident Selling Property in France

Sep 14, 2023
| Uncategorized

When a UK resident ventures to sell a property situated in France, they are met with a plethora of tax implications to navigate. This article provides a comprehensive exploration of the tax dynamics a...

UK Resident Selling Property in Cyprus

Sep 12, 2023
| Uncategorized

When a UK resident decides to sell a property located in Cyprus, there is a myriad of tax-related considerations to take into account. This article offers an exhaustive look at both the tax position a...

UK Resident Selling Property in Portugal

UK Tax Implications for Property Sales in Portugal

Sep 6, 2023
| Uncategorized

For UK residents who have made the venture of investing in Portuguese property, understanding the nuances of the tax implications can be daunting. Both countries have specific tax rules and protocols,...

UK Resident Selling Property in Italy

Sep 4, 2023
| Uncategorized

Understanding the tax implications and reporting requirements for UK residents who sell a property in Italy can be a complex matter. This guide aims to provide clarity on this topic. 1. The Nee...

Register of Overseas Entities – What You Need To Know

Aug 10, 2023
| Uncategorized

The Register of Overseas Entities came into force on 1 August 2022 as part of the UK governments response to the Russian invasion of Ukraine and forms a key part of the government’s strategy to tackle...

capital gains tax changes in divorce 2023

Capital Gains Tax In Regards To Divorce – Updates For 2023

Aug 9, 2023
| Uncategorized

Capital Gains Tax (CGT) may not be an obvious concern for spouses and civil partners going through a divorce. As is often the case, ignorance of tax rules can lead to costly consequences. With change...

UK Resident Selling Property in Spain

Aug 3, 2023
| Uncategorized

For UK residents considering selling a property in Spain, it is essential to understand the tax implications and reporting requirements that come with such a transaction. Below, we explore all the key...

UK Inheritance Tax For Non Residents

Jul 25, 2023
| Uncategorized

Despite the current turmoil in the UK residential property market, the UK remains an attractive proposition for overseas investors. A large part of this attractiveness is based on the relatively robu...

All About Stamp Duty on Transfer of a Property Partnership

Jun 13, 2023
| Uncategorized

Recent years have seen a steady flow of property partnerships being incorporated into limited companies. In the vast majority of cases, the incorporation will have been effected for genuine commercial...

How To Handle Property Losses & Their Related Tax Concerns

May 29, 2023
| Uncategorized

There have been numerous changes in recent years that have impacted the profitability of let property for landlords. As well as the changes to the tax treatment of mortgage interest, rises in interest...

HMRC Issue One To Many (OTM) Letter Campaign

Mar 31, 2023
| Uncategorized

In relation to income from short-term property letting, HMRC has recently launched a One to Many (OTM) letter campaign. In the letter, it is stated that HMRC’s records indicate that the individu...

What You Need To Know About Transferring Property To A Limited Company

Mar 30, 2023
| Uncategorized

Property landlords will often be advised that holding property portfolios in a limited company is preferable to holding property in their own names. A limited company will invariably provide opportuni...

New Guidance For Renting Out Homes in Wales

Mar 23, 2023
| News

The latest update in our series of articles covering some of the latest news in the world of UK renting is a roundup of some of the important takeaways from the NRLA’s updates for Wales. On Converted ...

Spring Budget 2023 Update For Landlords

Mar 22, 2023
| News

As expected, there were no changes to headline tax rates or allowances in the Spring Budget by the Chancellor. The Chancellor has remained committed to his policy of boosting tax revenues through fisc...

A Short Guide To Sharia Mortgages

Mar 21, 2023
| Uncategorized

Over the past few years, Islamic finance has gained increasing popularity as more Muslims are choosing to invest their money according to their religious beliefs. This is especially evident when it co...

Upcoming Property Tax Time Bomb Incoming

Mar 14, 2023
| Uncategorized

There is a time bomb waiting for property taxpayers according to HMRC In a proactive move, HMRC is proactively reminding taxpayers to be aware of the annual tax on enveloped dwellings (ATED) valuation...

Increase Of Council Tax To 300% For All Second Homes In Wales

Mar 13, 2023
| Uncategorized

Council Tax for second homes in Wales will increase by up to 300% starting on 1 April 2023, and each local council in Wales will decide the amount by which the Council Tax will increase. The We...

Changes To Scottish Short-Term Lets Take Affect

Mar 11, 2023
| Uncategorized

On the 1st of October 2022, the law governing short-term rentals changed in Scotland. In order to accept bookings or receive guests, new hosts must apply for a short-term let licence before accepting ...

Rakusen v Jepson and Ors: Latest News

Mar 9, 2023
| Uncategorized

As part of this article, we will cover the latest developments regarding the case of Rakusen v Jepson & Ors, a case that will likely have far-reaching implications for landlords throughout the UK ...

Greenwich Council Re-launching Consulation Over Selective Licensing

Mar 6, 2023
| Uncategorized

It has been reported that Greenwich Council is re-launching its consultation on additional licensing plans as a result of complaints from leading landlord organizations. Private landlords have always ...

100% Increase In Council Tax Proposed In New Controversial Bid

Mar 3, 2023
| Uncategorized

A controversial proposal has recently been made by Manchester City Council which proposes to increase council tax for PRS homes by 100% during any period when tenants are not living in these propertie...

The Most Common Jointly Owned Property FAQs

Mar 1, 2023
| 2 or more Property Landlords

The purpose of this guide is to provide some answers to some of the most common questions asked about joint property ownership, particularly when it comes to taxation. What are the tax implications of...

Landlord tax advice & news

Tax Implications Around Moving to Dubai from the UK

The Tax Implications Of Moving to Australia from the UK

Claiming Private Resident Relief For Periods Of Non Occupancy

HMRC’s Opinion On Hybrid LLP’s – Why They Don’t Work

Register of Overseas Entities – Steps & Deadline

Register of Overseas Entities – Guidance & FAQs

UKLandlordTax Mentioned In The National Press – Our Latest Feature In This Is Money

How This Doomed Tax Scheme Has Unfortunately Duped Many Landlords & What To Do Next

UK Resident Selling Property in France

UK Resident Selling Property in Cyprus

UK Tax Implications for Property Sales in Portugal

UK Resident Selling Property in Italy

Register of Overseas Entities – What You Need To Know

Capital Gains Tax In Regards To Divorce – Updates For 2023

UK Resident Selling Property in Spain

UK Inheritance Tax For Non Residents

All About Stamp Duty on Transfer of a Property Partnership

How To Handle Property Losses & Their Related Tax Concerns

HMRC Issue One To Many (OTM) Letter Campaign

What You Need To Know About Transferring Property To A Limited Company

New Guidance For Renting Out Homes in Wales

Spring Budget 2023 Update For Landlords

A Short Guide To Sharia Mortgages

Upcoming Property Tax Time Bomb Incoming

Increase Of Council Tax To 300% For All Second Homes In Wales

Changes To Scottish Short-Term Lets Take Affect

Rakusen v Jepson and Ors: Latest News

Greenwich Council Re-launching Consulation Over Selective Licensing

100% Increase In Council Tax Proposed In New Controversial Bid

The Most Common Jointly Owned Property FAQs

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UK Landlord Tax