Holiday homes aren’t cheap to buy or run, especially where you meet the cost out of your taxed income. You could instead get your company to pay, but what are the pros and cons of doing this?
Published 10.05.2013
One of our subscribers was recently challenged by HMRC over their claim for the running costs of disused business premises. In what circumstances can you claim a tax deduction for these?
Published 16.07.2013
You’re in the process of negotiating a new lease. You anticipate incurring costs in making the building suitable and so have asked for an incentive to sign by way of a rent-free period. Will this
affect your company’s tax bill?
Published 23.11.2006
You own a property abroad which you let out. The foreign tax authorities charge you various taxes because you’re a landlord. How much of what you pay can be deducted from your UK tax bill?
Published 26.11.2018
Your company needs to move on from its existing premises. However, there’s an unexpired period to run on the lease. Will paying the landlord a lump sum to release you be tax deductible? If not, is
there a way around this?
Published 15.02.2007
Your financial advisor has suggested transferring the company offices into your pension fund to bump up its value and save tax. It sounds like a great idea but a colleague has told you it could
trigger a big tax bill for the company. Is he right?
Published 11.01.2010
One of our subscribers intends to rent out her home to Olympic Games visitors next year. She spotted the Taxman’s recent press release on the subject, which suggests that some property income can be
tax-free. Is this correct?
Published 31.03.2011
As a landlord, at some point you’ll need to replace items of furniture in your let property. What should you should be doing now to maximise your tax deduction against rental income for this?
Published 22.12.2005
A colleague who owns a couple of residential properties says they can pay his partner £200 per month and get a tax deduction for this. Is this true or is there something missing from this story?
Published 18.01.2005
As a landlord, you’re able to offset property-related expenditure against the gross rents you receive. However, does this include the cost of any bills incurred when the property is vacant?
Published 25.05.2006