Tax on Rental Income: How to Report your Taxable Profits

Tax on Rental Income: How to Report your Taxable Profits

Published on 24/10/2020

If you rent out a property, you’ll need to pay tax on any profit you make. Learn how to work out your taxable rental profit and how to report it to HMRC.

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Airbnb Share Letting Data with HMRC

Airbnb Share Letting Data with HMRC

Published on 17/10/2020

Landlords should realise that HMRC will know about their lettings through Airbnb, so full disclosure of all their taxable property income is essential.

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Check If You Can Claim the Job Retention Bonus from 15 February 2021

Check If You Can Claim the Job Retention Bonus from 15 February 2021

Published on 10/10/2020

Find out if you’re eligible to claim the Job Retention Bonus and what you need to do to claim it between 15 February 2021 and 31 March 2021.

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10 Effective Ways to Claim Tax Relief for Small Businesses

10 Effective Ways to Claim Tax Relief for Small Businesses

Published on 03/10/2020

From business rates to VAT relief, we’ve pulled together 10 tax reliefs small businesses can claim to help you work out if you can reduce your tax bill.

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Chancellor Unveils New Job Support Scheme & Extends Self-employed Grant

Chancellor Unveils New Job Support Scheme & Extends Self-employed Grant

Published on 24/09/2020

Chancellor unveils new Job Support Scheme which will contribute to some employees’ wages and a limited extension of the Self-Employment Income Support Scheme.

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HMRC-Making-Tax-Digital

Making Tax Digital – A Guide for Small Businesses & the Self-employed

Published on 19/09/2020

Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right. Here’s what you need to know.

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SDLT Holiday: Benefits for Buy-to-let Tenants in Common

SDLT Holiday: Benefits for Buy-to-let Tenants in Common

Published on 12/09/2020

The property market in England and Northern Ireland has now had a month to get…

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Furlough Fraud: CJRS Post-transaction Review Phase Started

Furlough Fraud: CJRS Post-transaction Review Phase Started

Published on 05/09/2020

The first wave of compliance letters regarding CJRS was issued last week as HMRC moves into the post-transaction review phase of the scheme.

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Higher rate pension relief

Higher rate pension relief threat to fund coronavirus bill

Published on 29/08/2020

Latest Office for Budget Responsibility (OBR) estimates put the cost of Coronavirus government debt at…

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Private Residence Relief

Private Residence Relief

Published on 22/08/2020

From 6 April 2020 the relief available on your disposal has changed. You would normally…

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