Insight & Opinion on Property Tax: UK Landlord Tax

What Is A Declaration of Trust?

Sep 18, 2022
| Single Property Landlords

If you are in the process of creating a deed of trust then you will want to know more about just what this entails, the potential tax benefits and who you need to consult in the process of creating th...

A Complete Guide To Capital Gains Tax In The UK

Sep 12, 2022
| Capital Gains Tax

You may be subject to Capital Gains Tax (CGT) whenever you sell an additional property, shares, or other assets as Capital Gains Tax must be calculated for any gains you receive. It can be a complicat...

Rental Income Tax Guide

Aug 21, 2022
| Rental Income and Allowable Expenses

When you let property, you are in receipt of rental income and in most cases, you will need to declare this to HMRC and pay any tax due. The actual tax on rental income will be either nothing, 20%, 40...

A Complete Guide To Tax For Landlords

Aug 1, 2022
| 2 or more Property Landlords

If you are a landlord with less than 10 properties, which you are letting out in the UK, then this guide will give you a thorough grasp of the basics of property tax and capital gains tax in the UK. W...

Inheritance tax on property

Jun 22, 2022
| Inheritance Tax

A major concern for landlords is how to avoid Inheritance Tax on property. When speaking to landlords, much like myself, they seek long-term capital growth and to supplement their current and retireme...

Property Investment Company and Inheritance Tax

May 13, 2022
| Limited Companies

Set up correctly a property investment company can save you income tax, obtain full tax relief of mortgage interest, inheritance tax and a host of other tax planning opportunities. Here we examine how...

Tax advisor saves top rate taxpayer £15,600 per annum

May 13, 2022
| Limited Companies

Rent to rent is where a property is let to another party who then let the property out to tenants. There are pro’s and cons to this arrangement but our focus here as the tax advisor was on the tax sav...

Non Resident Capital Gains Tax

May 5, 2022
| Non-resident Landlords

Many non-residents are unaware of the possible Non-Resident Capital Gains Tax exposure on UK property sales or the need for returns and early payment. From 6 April 2015, non-UK residents became subjec...

Property Investment Company

May 5, 2022
| Limited Companies

If you’re thinking about investing in property and wondered whether a Property Investment Company may be the way forward, read on.

35 Buy to Let costs you need to claim

Apr 28, 2022
| What expenses can I claim

If you are a landlord or thinking of becoming one, then an understanding of rental income deductions that you can claim is essential. But not all expenses are deductible against rental income and it i...

Buying property through a limited company- what are the tax savings?

Apr 21, 2022
| Limited Companies

At UK Landlord Tax we often get asked by clients whether or not they should buy their rental property via a limited company instead of in their own personal name. The main driver for this conversation...

Should I change my BTL Limited Company Year End?

Apr 12, 2022
| Uncategorized

Is your BTL limited company year-end making life difficult for you? Unlike personal tax, for which we all file a tax return to the 5th April each year, limited companies file accounts based on account...

Your BTL Limited Company and Director’s Loan Account

Apr 7, 2022
| Uncategorized

What is a director’s loan account and how does it work in your BTL limited company? It’s a common question and one that often confuses landlords with a BTL limited company. So here’s our take on tryin...

What has the Spring Statement done for landlords?

Mar 24, 2022
| 2 or more Property Landlords

So what has the Spring Statement done for landlords? In short, not much. Indirectly, the measure to cut the VAT on materials such as solar panels, heat pumps and insulation will help if you were think...

The Rental Property Allowance

Mar 18, 2022
| Single Property Landlords

Can you benefit from the £1,000 property allowance? If you have income from land and property, you may be able to take advantage of the property allowance. This allowance can be used in various ways. ...

Air BnB and post covid

Feb 1, 2022
| Airbnb Landlords

Furnished Holiday lets – non-compliance of the rules – implications post covid. Of the sectors of the UK economy affected by the pandemic, it has been the travel and tourism sector that ha...

Inheritance tax and the family home. Beware gift with reservation rules

Feb 1, 2022
| Inheritance Tax

Inheritance tax and the family home The family home is likely to be your most valuable asset. Consequently, when looking to reduce inheritance tax, it may seem sensible to try and give your home away ...

Let Property Campaign penalty rates compared with HMRC enquiry penalties 2025/26

Let Property Campaign – What is it

Jan 6, 2022
| Let Property Campaign

What is the Let Property Campaign? Set up by HMRC many years ago, the Let Property Campaign is a long-running disclosure opportunity aimed at residential property landlords who need to bring their tax...

Thinking of incorporating a Partnership to save Stamp Duty on buy to let property? Don’t do it

Dec 9, 2021
| Company News

Do you have an existing property portfolio that you want to put into a Limited Company? Have you been told by many different notorious websites that you could create a Partnership and then incorporate...

Tax benefits of electric cars for landlords

Dec 2, 2021
| Company News

Specialist tax accountant, Simon Thandi looks at the impact of the recent tax changes when property businesses acquire electric vehicles. In particular the impact on property investors that hold their...

Reporting income from property for 2020/21

Dec 2, 2021
| Single Property Landlords

The deadline for filing the 2020/21 self-assessment tax return online is 31 January 2022. If you received income from property, you may need to tell HMRC about it on your return. There are designated ...

Why you should use a property tax accountant

Nov 5, 2021
| 2 or more Property Landlords

Why use a specialist property tax accountant? It’s a question we get asked regularly and one you may have thought about. The short answer is if you speak to the right property tax specialist you shoul...

Capital Gains Tax Reporting Extended to 60 Days

Oct 28, 2021
| Capital Gains Tax

Capital Gains Tax Reporting deadline increases to 60 days The Autumn Budget 2021 includes an announcement that the Capital Gains Tax Reporting deadline is to be extended to 60 days from the previous d...

Capital Gains Tax Accountant view on Rent a Room

Oct 27, 2021
| Capital Gains Tax

What is the position on Capital Gains Tax and Rent a Room? As a capital gains tax accountant we often get asked about how CGT applies to landlords letting a room in their house under the rent a room s...

Residence nil rate band frozen

Oct 19, 2021
| Inheritance Tax

With the residence nil rate band being frozen until 2026, if you have a high-value estate in the family it might be worth planning ahead to make sure you reduce the inheritance tax bill. Our latest bl...

Business Asset Rollover Relief and Air BnB

Oct 8, 2021
| Airbnb Landlords

Air BnB Furnished holiday lettings have a number of tax advantages compared to standard residential lets. One of the key ones is the availability of business asset rollover relief. This enables furnis...

SDLT and shared ownership

Oct 8, 2021
| Single Property Landlords

Shared ownership can enable an individual to own a stake in a property where they would not otherwise be able to get on the housing ladder. As with other property purchases, stamp duty land tax (SDLT)...

Family Investment Company, Inheritance tax and freezing value

Oct 6, 2021
| Company News

Family Investment Company (FIC) Reducing inheritance tax on residential property is a major concern for landlords. By using a family investment company structure you may be able to mitigate the IHT li...

How to avoid capital gains tax using spouses losses

Oct 1, 2021
| Capital Gains Tax

Spouses and civil partners benefit from special rules which could be an option on how to avoid capital gains tax. These allow spouses to transfer assets between themselves at a value that gives rise t...

Making Tax Digital (MTD) delayed to 2024

Sep 24, 2021
| 2 or more Property Landlords

The government has delayed the start of Making Tax Digital (MTD) to 6 April 2024. In a written statement to the House of Commons on 23 September 2021, it was announced that MTD for income tax self-as...

Landlord tax advice & news

What Is A Declaration of Trust?

A Complete Guide To Capital Gains Tax In The UK

Rental Income Tax Guide

A Complete Guide To Tax For Landlords

Inheritance tax on property

Property Investment Company and Inheritance Tax

Tax advisor saves top rate taxpayer £15,600 per annum

Non Resident Capital Gains Tax

Property Investment Company

35 Buy to Let costs you need to claim

Buying property through a limited company- what are the tax savings?

Should I change my BTL Limited Company Year End?

Your BTL Limited Company and Director’s Loan Account

What has the Spring Statement done for landlords?

The Rental Property Allowance

Air BnB and post covid

Inheritance tax and the family home. Beware gift with reservation rules

Let Property Campaign – What is it

Thinking of incorporating a Partnership to save Stamp Duty on buy to let property? Don’t do it

Tax benefits of electric cars for landlords

Reporting income from property for 2020/21

Why you should use a property tax accountant

Capital Gains Tax Reporting Extended to 60 Days

Capital Gains Tax Accountant view on Rent a Room

Residence nil rate band frozen

Business Asset Rollover Relief and Air BnB

SDLT and shared ownership

Family Investment Company, Inheritance tax and freezing value

How to avoid capital gains tax using spouses losses

Making Tax Digital (MTD) delayed to 2024

Categories

UK Landlord Tax