Resources & Knowledge
Avoid VAT Registration Penalties: A Landlord’s Guide to the £90,000 Threshold
Commercial landlords can easily miss a VAT registration obligation when property is owned jointly. The key risk is assuming that each owner has a...
Property Incorporation Relief: Do You Qualify Under Section 162?
Moving a rental portfolio into a limited company is a disposal for Capital Gains Tax purposes. Section 162 of the Taxation of Chargeable Gains Act...
Business Asset Disposal Relief for Property Owners
Business Asset Disposal Relief can reduce Capital Gains Tax on qualifying gains to 18% for disposals from 6 April 2026. The relief has a £1 million...
SDLT Partnership Relief for Landlord Incorporation: Conditions and Traps
Transferring rental properties to a limited company can trigger Stamp Duty Land Tax. Finance Act 2003 Schedule 15 may reduce the chargeable...
Using Airbnb and Long Term Lets in One Property: The Record Keeping Trap
Using the same property for Airbnb stays and long term tenants can be commercially flexible, but it creates accounting and tax risks. Income may...
Rental Property Income Is Below £50,000: Why MTD May Still Affect You Soon
A rental profit below £50,000 does not necessarily keep a landlord outside Making Tax Digital for Income Tax. The test is based on gross qualifying...
Void Periods: What You Can and Cannot Claim While a Rental Property Sits Empty
A gap between tenants does not automatically stop landlords claiming expenses. If the rental business continues, the property remains genuinely...
The Council Tax and Business Rates Trap for Furnished Holiday Let Owners
Owning a furnished holiday let can create an unexpected local tax problem. A property that fails the business rates tests may return to Council Tax,...
Jointly Own a Rental Property? Your Tax Split Might Not Be 50/50
Many joint owners assume rental income is taxed in the same way they think about the property: half each, split evenly, job done. That assumption...
How to Submit an MTD Final Declaration to HMRC
Making Tax Digital for Income Tax is now live for sole traders and landlords whose qualifying income exceeded £50,000 in 2024/25. HMRC reported that...
