Landlords
May 2026 Newsletter
As we move deeper into the 2026/27 tax year, May is often the month when April’s changes stop feeling theoretical and start becoming practical. The rush of year-end processing may have eased, but employers are now focused on issuing P60s, checking that payroll has rolled over correctly and getting ahead of benefits reporting before summer…
Read MoreApril 2026 Newsletter
As the 2026/27 tax year begins, April is one of the busiest and most important months in the tax calendar. This year, the timing feels even more pronounced because Easter falls right at the start of the new tax year, with Good Friday on 3 April and Easter Monday on 6 April in England and…
Read MoreWhat the Budget Could Mean for Your Money: Six Big Tax and Finance Changes to Watch
Income tax, pensions, property, ISAs and more – here’s what to expect from the Budget and how you can prepare. Chancellor Rachel Reeves has set the stage for significant tax and spending changes in her autumn Budget on 26 November 2025. Millions of homeowners, savers, and pensioners could be affected. With two weeks to go…
Read MoreProperty118, Cotswold Barristers, and HMRC
If you are or have been a client of Property118 or Cotswold Barristers, please seek urgent independent tax and legal advice. We’ve been watching with a growing sense of dread the saga unfolding over at Tax Policy Associates about these firms. Property118 and Cotswold Barristers operate together, offering a tax avoidance scheme for buy-to-let landlords.…
Read MoreIs your company in possession of any residential property valued at over £500k?
If so, it is necessary for you to complete an ATED return (Annual Tax on Enveloped Dwellings) and fulfill the corresponding tax obligations. ATED returns are due in April each year for the following tax year. Therefore, for the 2024/2025 tax year, ATED Returns ought to have been submitted to HMRC by 30 April 2024,…
Read MoreHMRC Letters to landlords concerning rental costs
HMRC One to Many Letters to Landlords From December 2023 onwards, HMRC has been issuing One to Many letters to taxpayers who filled out property income sections of their 2021/22 tax return and made claims for repair and maintenance expenses. HMRC is worried that recipients of this correspondence may have mistakenly included capital expenses within…
Read MoreMaximise Your Earnings: Smart Tax Strategies for Furnished Holiday Lets
Furnished holiday lets can be a smart investment, but are you making the most of their tax benefits? From deductible costs to capital gains reliefs, this essential guide illuminates the paths to enhance profitability through strategic tax planning. Prepare to unlock the full financial potential of your furnished holiday lets with expert insights and actionable…
Read MoreNew HMRC Letter Campaign: Landlords Incorporation Relief 2017/18
Understanding the New Compliance Drive in Property Taxation Introduction: A Focused HMRC Initiative on Property Tax Compliance HM Revenue & Customs (HMRC) has embarked on a crucial campaign, turning its attention to a specific sector of the property market: buy-to-let landlords. This campaign specifically addresses those who strategically incorporated their property businesses into limited companies…
Read MoreThe Renters (Reform) Bill – How Will it Affect Landlords?
Introduced to Parliament on 17th May 2023, the Renters (Reform) Bill proposes a new set of measures for the private rental property market – from abolishing Section 21 evictions to ending fixed-term tenancies. Though the bill hasn’t yet become law, it’s essential for landlords to identify what elements may be of concern so that they…
Read MoreNavigating Tax Regulations for UK Farm Holiday Accommodation Providers
Managing tax obligations for holiday accommodation operators can be challenging, with many nuances and specific rules to navigate. This article aims to guide avoiding common pitfalls in areas such as VAT, income recognition, capital and revenue expenses, and capital allowances. Understanding VAT on Deposits and Accounting Systems Correctly accounting for VAT on deposits is crucial,…
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