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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.
24 Jan 2020
HMRC has now published draft secondary legislation for the off-payroll working rules that are due to come into force in April this year.
23 Jan 2020
Vengeful witches and pet hamsters feature in HMRC's list of imaginative excuses and expense claims, which has been published in the run up to the self assessment deadline.
22 Jan 2020
Anti-money laundering (AML) penalties reached a record high of £6.2 billion worldwide last year, according to data from software company Encompass Corporation.
Get in touch with Branston Adams to arrange your free consultation.