Income from letting one or more rooms in your home can be tax free where rent-a-room relief applies. However, if you also provide services to your guests the income might count as a trade. Does
rent-a-room relief still apply?
Published 31.08.2017
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
A tax inspector is disputing deductions for costs relating to unused business premises included in your latest accounts. Are you entitled to tax relief for these or does the inspector have a point?
Published 04.07.2017
You’ve let out a house for years, but your total income has always been less than your tax allowance so you haven’t declared it to HMRC. Will you need to reconsider in view of the impending major
changes to the tax rules for landlords?
Published 09.01.2017
Your company rents its business premises from you. Last year you spent so much on replacement fittings in the building that the expenses outweighed the rent you received. What’s the most
tax-efficient way to deal with this loss?
Published 09.07.2018
Landlords of residential properties are now facing tough restrictions on tax relief for borrowing, so there’s all the more reason to maximise other let property tax reliefs. What hidden deductions
might you be missing out on?
Published 26.06.2017
In April 2016 the rent-a-room tax allowance almost doubles. This could be a game changer if you rent out an apartment or annex which is part of your home. What steps do you need to take to qualify
for the newly increased tax allowance?
Published 24.02.2016
You own several properties, some commercial and some residential. In the last tax year you made a loss from letting some of the properties while others made a profit. What’s the most efficient way to
use the losses?
Published 26.01.2022
The law relating to Class 2 National Insurance contributions changed in April 2015. What does this mean for landlords and what options are available if you receive a demand?
Published 09.07.2015
Airbnb and other short-term letting businesses face greater government regulation. The relatively good news is that at least there are no proposals to change the tax regime. So, if you’re thinking of
becoming an Airbnb landlord, what are the key tax considerations?
Published 26.05.2023