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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.
23 Aug 2019
Following a review, HMRC has said it will continue its risk-based approach to Pay as You Earn (PAYE) Real Time Information (RTI) late filing and late payment penalties this tax year.
22 Aug 2019
HMRC has written to 145,000 VAT-registered businesses that only trade with the EU, advising them to plan ahead for a potential no-deal Brexit.
21 Aug 2019
Manufacturing output in the UK stabilised in the three months to August, according to data published by the Confederation of British Industry (CBI).
Get in touch with Branston Adams to arrange your free consultation.