Considering becoming a landlord? Get practical insights into the taxation of rental income, including rates, calculations, expenses, tax relief, and allowances. Our guide offers landlords a clear understanding
What Is The New Landlord Tax In the UK?
More Tenants Missing Rent and Mortgage Payments
Nikka Sulton
In the past 12 months, almost one in five UK adults faced financial challenges, leading to missed payments, with 7% experiencing difficulties meeting mortgage or rent obligations, according
What Devalues A Property UK?
Nikka Sulton
Selling your house involves considering factors that significantly impact its appeal and asking price. Issues like low water pressure, outdated electrical systems, and pet odors can deter potential
A Guide for Landlords Facing Section 24 Challenges
Nikka Sulton
April 2020 marked the start of the final year of the phased implementation of Section 24, ending landlords’ ability to claim finance costs as tax-deductible. Self-employed landlords under
Landlords Brace for More Property Listing Requirements
Nikka Sulton
In the evolving landscape of property listings, landlords are set to face a new requirement, compelling them to provide a more exhaustive set of details about their properties.
How To Step Up A Serviced Accommodation Business
Nikka Sulton
Related guide: how to finance an SA property — specialist lenders, rates and LTV explained. The rising popularity of serviced apartments attracts guests seeking hotel-like comforts while maintaining
Making Money Through Lease Options
Nikka Sulton
The rising popularity of serviced apartments attracts guests seeking hotel-like comforts while maintaining their privacy. To stand out among the competition and increase profitability, it’s crucial to enhance
The Difference of Refurbishment vs Renovation
Nikka Sulton
Investors must grasp the distinctions between refurbishment, renovation, and refurnishing from the outset. It’s a common misconception to consider these terms interchangeable, assuming they convey the same meaning.
Labor Council Launches Major Licensing Scheme
Nikka Sulton
In a development fraught with controversy, a licensing scheme is poised to take effect tomorrow, adding another layer of complexity as the administering council simultaneously declares itself effectively
Does Flipping Houses Avoid Capital Gains Tax in UK?
James Nicholson
TL;DR. If you flip houses regularly as a business, HMRC usually taxes your profit as trading income (Income Tax plus Class 4 National Insurance), not Capital Gains Tax