Tax treatment of rental deposits
When renting out a property it is usual to take a deposit from the tenant to cover the cost of […]
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Major repairs to a let property – What is deductible?
The nature of buildings is such that it may be necessary to undertake significant repairs, such as the replacement of
Major repairs to a let property – What is deductible? Read Post »
Passing on the farmhouse – Implications of the changes to APR and BPR
Currently, there is no limit on the amount of qualifying agricultural and business property that can benefit from the 100%
Passing on the farmhouse – Implications of the changes to APR and BPR Read Post »
Tax implications of letting a room in your home
As the cost of living rises, you may consider letting a room in your home to bring in some much-needed
Tax implications of letting a room in your home Read Post »
Using former FHL losses
From 6 April 2025, furnished holiday lets are treated in the same way as other lets for tax purposes. Landlords
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Earn tax-free income from renting out your garage
There is a demand for garage space, particularly from tradespeoplewho want somewhere to store their tools safely rather than leaving
Earn tax-free income from renting out your garage Read Post »
Holiday lets and business rates
Although the end of the tax regime for furnished holiday lettings relieved landlords of the need to keep track of
Holiday lets and business rates Read Post »
Take advantage of the property rental toolkit
HMRC publish a property rental toolkit which can be used to avoid making common errors when reporting income from property
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Tax implications of failing to pay rent on a property held in a SIPP
Using a Self Invested Personal Pension (SIPP) to hold commercial property which can be rented to your personal or family
Tax implications of failing to pay rent on a property held in a SIPP Read Post »
Relief for post-letting expenses
All good things come to an end, and a property rental business is no exception. However, expenses may be incurred
Relief for post-letting expenses Read Post »