10 min read Alright, maybe not a pigeon, but getting a letter from HMRC can be unsettling, especially when it’s related to something as complex as Business Asset Disposal Relief and its lifetime limits. These “nudge letters” are popping up everywhere, and they’re basically HMRC’s way of nudging you to check your tax records. Here […]
Author Archives: Team Golding
27
Mar
Mar
10 min read The UK tax year-end, falling on April 5th, is a critical deadline for all taxpayers, and landlords are no exception. With the clock ticking, it’s imperative to get your financial affairs in order to avoid penalties and, more importantly, optimise your tax position. Failing to prepare can lead to missed tax relief […]
28
Feb
Feb
10 min read The rise of the internet has democratised entrepreneurship, leading to a surge in side hustles and online businesses. From selling handmade crafts on Etsy to offering freelance services, individuals are finding new ways to generate income. However, this digital gold rush has also brought to light the issue of undeclared online income, […]
28
Feb
Feb
10 min read As a landlord in the UK, navigating the ever-changing tax landscape can be challenging. With new regulations, reliefs, and deadlines, it’s essential to stay informed to maximise your tax savings and ensure compliance. In this blog, we’ll explore the top tax-saving tips for landlords in 2025 based on the latest data and […]
28
Jan
Jan
10 min read Are you a freelancer in the UK? Are you confused about how to handle your taxes and finances? Don’t worry! This blog post will explain the Self Assessment process for freelancers. Understanding Self Assessment is essential to help you meet your tax obligations and follow HMRC rules. If you want to manage […]
28
Jan
Jan
10 min read As a non-resident landlord owning property in the UK, it’s essential to understand your tax obligations to avoid any unforeseen penalties and ensure compliance with UK tax laws. One of the most important processes for you to understand is Self Assessment, the primary method through which you report your UK property income […]
27
Dec
Dec
10 min read A notable shift is on the horizon for landlords in the UK as they brace themselves for the impending implementation of Making Tax Digital for Income Tax (MTD IT). It aims to revolutionise how tax reporting is conducted, ultimately affecting millions of taxpayers, with landlords being a significant part of this demographic. […]
27
Dec
Dec
10 min read The abolition of the Furnished Holiday Letting (FHL) tax regime on April 6, 2025, will significantly affect landlords who have previously benefited from its provisions. HMRC has announced the abolition of the FHL scheme, prompting questions for property owners. Thankfully, they’ve recently issued some clarifications to ease the transition. However, several vital […]
Budgeting, Landlords
Impact of the Budget buy-to-let stamp duty hike on landlords and second-home buyers
22
Nov
Nov
10 min read In the recent Budget, the UK government announced an increase in the Stamp Duty surcharge for buy-to-let properties and second homes over £40,000. This has caused significant concern among landlords and second-home buyers, who now face higher costs when purchasing additional properties. In this blog post, we will explore the impact of […]
05
Nov
Nov
10 min read Chancellor Rachel Reeves delivered the Autumn Budget 2024, which included tax changes and spending measures to stimulate the economy and support businesses and households. Here’s a breakdown of the critical measures impacting landlords and small businesses in the UK. Tax changes impacting landlords: 1. Stamp Duty Land Tax (SDLT) changes New rates […]
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