Landlord Self-Assessment

Landlord Self-Assessment

Landlord Self-Assessment Landlord Self-Assessment is the process by which landlords report their rental income and deductible expenses to HMRC. This annual submission determines your tax liable and is essential for all landlords earning over £1,000 annually in rental...
Renters Reform Bill 2024

Renters Reform Bill 2024

Renters Reform Bill 2024 In 2023, the UK Parliament introduced transformative legislation with the Renters Reform Bill, aimed at creating a fairer housing market. This legislation is pivotal in balancing the rights and responsibilities of tenants and landlords. For...
A Significant Overhaul for Pensions

A Significant Overhaul for Pensions

A Significant Overhaul for Pensions and Retirement Saving Following the Chancellor’s Budget announcements, pensions got a significant overhaul to make retirement saving more appealing. This comes with an increase in the amount you can put into your pension each...
ISA Allowance Frozen for 2023/24

ISA Allowance Frozen for 2023/24

The ISA Allowance has been frozen for 2023/24 The annual Investment Savings Account (ISA) allowance has been frozen once again for the 2023/24 tax year. By freezing it again, the allowance is being left at £20,000 for every individual – However there will be an...
Letting conditions for Furnished Holiday Lets

Letting conditions for Furnished Holiday Lets

Many property owners opt to rent their property as a Furnished Holiday Letting (FHL). There are several benefits to FHLs including Capital Gains Tax relief and capital allowances for furniture and fixtures. To access these benefits, there are several conditions that...