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If you receive income from renting out a property, you will need to declare this to HMRC.
The tax rules governing landlords are complex. However, with careful planning it may be possible to minimise your exposure to tax, for example by taking advantage of certain allowances and reliefs.
At Branston Adams we work with a number of landlords and property investors throughout the local area.
Whether your property portfolio is large or small, we can ensure that you meet your tax liabilities, as well as advising on a range of other issues relating tax and property.
Some of the areas where we can assist you include:
… and much more.
There are a number of key issues for landlords and aspiring investors to consider. For further information on how we can assist you, please contact us today.
18 Sep 2020
MPs have urged Chancellor Rishi Sunak to extend the Coronavirus Job Retention Scheme (CJRS) to help avoid mass redundancies.
17 Sep 2020
The Financial Conduct Authority (FCA) has confirmed future support for mortgage borrowers if they continue to face payment difficulties due to the coronavirus (COVID-19).
16 Sep 2020
HMRC has written to VAT-registered businesses that trade with the EU outlining how they should prepare for Brexit trading changes set to take effect from 2021.
Get in touch with Branston Adams to arrange your free consultation.