Tax lawyers are advising clients to make the most of a HM Revenue & Customs property tax amnesty for unreported gains from sold or gifted homes by August 2013. The Property Sales Campaign gives anyone who has sold or gifted Continue reading
Landlords face additional costs when local authorities are given discretion to apply council tax discounts for empty homes from next month. Most automatic council tax discounts will end in England. The change will remove the up to six months of Continue reading
Lawyers are urging married couples to change how they split rental profits to lower tax bills. HM Revenue and Customs (HMRC) is looking at rental properties that are jointly owned by a husband and wife who do not equally split Continue reading
People say you can’t get much for a quid nowadays – but in one city a pound coin will buy you a house. That’s because Liverpool City Council is offloading Victorian terrace homes for sale which are boarded up and Continue reading
Claiming property business expenses to pay less tax is a problem for landlords. If you do not know what expenses to claim, don’t bother phoning the tax man to ask because he won’t tell you. If you ask for a Continue reading
Home office expenses are often overlooked as a way to cut tax bills for landlords – because many property people do not understand the rules. So here’s a home office guide that lets every landlord claim some expenses – depending Continue reading