Category Archives: Taxation

The Spring Budget Statement for 2023 builds on the stability created by last year’s announcements. It focuses on working towards achieving three of the five pledges made by UK Prime Minister Rishi Sunak: halving inflation, reducing debt, and growing the economy.   The government aims to influence society through tax and financial systems, particularly by […]

Today, the Chancellor of the Exchequer, Jeremy Hunt outlined a series of sweeping measures to include tax changes and hidden tax increases, and cuts to Government spending.   We highlight the main points below which will affect us all, and if you have any specific questions about these matters, please do not hesitate to contact […]

The Self Assessment tax return filing deadline, i.e., January 31, is coming up, and businesses, individuals, and accountants across the UK are rushing to stay prepared for the tax season and end the year on a productive note. With Christmas also around the corner, it makes sense to start as soon as possible and get […]

As a landlord, your property is your most valuable asset. Letting out residential and/or commercial property is a great way to make passive income. However, navigating all the tax requirements related to reporting income tax on rental properties and capital costs can be tricky – unless you have a landlord accountant.   In this blog, […]

Influenced by a chronic undersupply, rising demand for property in the UK and the turbulence of the last two years owing to the pandemic, long-term forecasts for property investing are incredibly optimistic.  We could see the UK home prices grow by 21.5% by 2025.   On the other hand, JLL, the real estate and investment […]

Since 6th April if you sell a rental property you’ll need to declare the capital gain to HMRC and pay the estimated tax within 30 days of completion of the sale.