For a growing number of UK property owners and landlords, rising property values and frozen tax thresholds mean Inheritance Tax (IHT) is no longer a problem only for the very wealthy. Frozen threshold...

A Simple Guide to Property Rental Income Tax and Property Capital Gains Tax

Aug 18, 2025
| Tax Guides and Compliance

If you are a landlord with less than 3 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. If...

VAT Treatment on Property Conversions

Jun 17, 2025
| Capital Gains Tax

Property conversions offer unique opportunities for preferential VAT treatment under specific conditions. While construction work is typically standard-rated for VAT purposes, certain types of propert...

Understanding Deferred Consideration for Capital Gains Tax (CGT)

Apr 22, 2025
| Capital Gains Tax

When selling a business or asset, it’s common for the sale price to include future payments—these are known as deferred consideration. From a Capital Gains Tax (CGT) perspective, how these payme...

Pre-Trading Expenditure On A Buy-To-Let Explained

Jul 31, 2024
| What expenses can I claim

Discover how to claim allowable expenses incurred before your first tenant moves in. Learn about deductible costs such as mortgage interest, repairs, insurance, and more. Ensure your claims are HMRC-r...

A Closer Look at the Recent Capital Gains Tax Cut

Mar 21, 2024
| Capital Gains Tax

Finally, the main event. The moment we had all been waiting for. The Chancellor announced a cut to Capital Gains Tax on the sale of residential property. Property gains, the one type of gain that attr...

Is It A Repair Or An Improvement?

Feb 11, 2024
| What expenses can I claim

As UK property accountants and tax advisers, we are regularly in discussions with our clients as to the correct treatment of expenditure relating to property letting income. Expenditure will be class...

Capital Gains Tax and Only or Main Residence

Jan 9, 2024
| Capital Gains Tax

When an individual sells their home, subject to rules on size and use, ordinarily any gain on sale is exempt from Capital Gains Tax (CGT). The relief is provided through legislation under Section 222...

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...

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
| Inheritance Tax

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...

Property Investment Company

May 5, 2022
| Capital Gains Tax

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...

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. ...

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 ...

Tax benefits of electric cars for landlords

Dec 2, 2021
| 2 or more Property Landlords

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...

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...

Wear and tear allowances for your Buy to Let

Sep 23, 2021
| Single Property Landlords

Wear and tear allowances Claiming wear and tear allowances has now changed. In a furnished let, wear and tear of domestic items is inevitable. There will come a time when the landlord will need to pro...

How to avoid Inheritance tax on property

Sep 23, 2021
| Inheritance Tax

How to avoid inheritance tax on property is an ever increasing concern for many landlords. No one likes the idea of the taxman taking a chunk of their estate when they die. Even less if it will be nec...

Capital gains tax reporting, even if there’s nothing to pay

Apr 21, 2021
| Capital Gains Tax

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?

What Spring Budget 2021 means for residential landlords

Mar 5, 2021
| Capital Gains Tax

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.

What we do during tax return season

Jan 8, 2021
| Capital Gains Tax

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.

Landlord tax advice & news

Moving Abroad and Inheritance Tax Planning