Inheritance Tax (IHT) Under Schedule A1 of the Inheritance Tax Act 1984, shares in a company that owns UK residential property are not treated as excluded property. As a result, they remain within the scope of UK inheritance tax. The portion of the company’s shares...
Big Tax Changes for Furnished Holiday Lets (FHL): What Property Owners Need to Know From 6 April 2025, the UK Government will abolish the Furnished Holiday Lettings (FHL) regime, affecting thousands of landlords and property investors. If you own a UK holiday rental...
If you're a sole trader or landlord in the UK with an annual income over £50,000, big changes are on the horizon. From 6 April 2026, you may be required to keep digital business records and submit quarterly updates to HM Revenue and Customs (HMRC) under the new Making...
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. The End of Leasehold: Government Unveils Commonhold Reform Plans On 3 March 2025, the UK government published the...
The Spring Statement announced that the Making Tax Digital for Income Tax (MTD for IT) regime will be further extended to smaller businesses. Read on to see how and when your business might be affected. What is MTD for IT? Making Tax Digital for Income Tax (MTD for...
Welcome to our monthly newsletter, designed to keep property landlords informed about key industry updates, legislative changes, and market trends. If you have any questions, feel free to contact us for expert advice. Government Reforms to Modernise Home Buying On 9...