Jeremy Hunt has presented his first budget to the house today. Here’s our summary of the announcements.
Autumn Budget Summary 2022
property
The VAT Flat Rate Scheme and Buy-to-Let property
The VAT Flat Rate scheme is intended to offer businesses a simpler way to calculate their VAT liability.
Furnished Holiday Lets and Covid
If you own one or more furnished holiday lets then the coronavirus pandemic will certainly have had a negative impact on bookings during 2020/21 and possibly 2021/22. It’s unlikely that the availability and occupation tests will be met, so will the property still qualify as a furnished holiday let? The good news is that yes, […]
I’m a Landlord – What expenses can I claim?
I am often asked what sort of expenses can be claimed against rental income.
Here’s a summary of the more common types of deductible expenditure which I use as a reference for myself as well as for clients.
Residential Property tax changes
The tax landscape for buy-to-let property investors has changed significantly in recent years, and unfortunately not for the better.
Is now the time to incorporate my buy-to-let business?
Research by Countrywide agency, Hamptons, shows that a record number of limited companies were set up to hold buy-to-let properties in 2020. This was the second most common type of business to incorporate, only beaten by companies selling goods online or by mail order.
So, is now the time for you to think of incorporating your buy-to-let business?
