Holiday lets: new rules to close tax loophole

Holiday lets: new rules to close tax loophole

The Government has announced the forthcoming introduction of new rules to prevent abuse of a ‘tax loophole’ associated with holiday lets. What is a holiday let? Holiday lets are properties let out, short-term, for the sole purpose of ‘holidaying’. Typically

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Green Homes Grant guidance published

Green Homes Grant guidance published

The Government has published details of the Green Homes Grant, announced at the Summer Economic Update on 8 July. ‘Green’ home improvements covered by Government voucher scheme The scheme, which is at least a step towards the Government achieving its

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Landlords, all is not lost in the 2019 lettings landscape…

Landlords, all is not lost in the 2019 lettings landscape…

Recent changes to regulation and property taxation have put the staying power of many landlords to the test. So, as a new year gets underway, we consider whether 2019 will be more of the same.  There are hundreds of articles,

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Capital Gains Tax: less time to settle liabilities

Capital Gains Tax: less time to settle liabilities

HM Revenue & Customs (HMRC) recently consulted on new rules associated with the payment of Capital Gains Tax (CGT) when disposing of residential property. 30 days to pay… From April 2020, HMRC propose that when a residential or rental property

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Landlords to see sizeable increase in taxable profits

By now, landlords up and down the country should be aware that on 6 April 2017 the Government began to roll out Section 24 of the new buy-to-let tax relief system, which will be phased in over a period of 4

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Buy-to-let landlords to face more tough new rules in the coming weeks.

Within the coming weeks, The Banks Prudential Regulation Authority (PRA) will announce new rules, with potentially hard-hitting consequences, for buy-to-let landlords. These rules, expected to become mandatory in January, though many lenders may implement them earlier, follow previous announcements concerning

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