Category Archives: Taxation

Make calculating the tax on rental income easy: Top tips

10 min read 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.   […]

The negative consequences of not declaring rental income


3 min read There are thousands of landlords in the UK, owning and renting out second properties. The majority of these landlords declare their income and pay taxes on the profits on their tax returns because they know the consequences of not declaring rental income.    But what do you do if you have rental […]

What is the Domestic Reverse Charge and how does it affect my construction business?


3 min read You may have already heard about the Domestic VAT Reverse Charge that came into effect from 1st March 2021. This is a change in the way contractors and subcontractors in the construction industry will account for VAT, specifically aimed at VAT registered businesses working under the Construction Industry Scheme.    These changes […]

What if I can’t pay my Self Assessment Tax in full by April 1st?


3 min read If you missed the payment deadline for Self Assessment on 31st January, there’s good news.    HMRC are giving you more time to pay your Self Assessment Tax due to the impact of Covid-19.    Although the deadline didn’t change in 2021 despite the financial hardship faced by many businesses in the […]

Fancy a cuppa
with us?

Get in touch with Golding Accountancy for guidance on the ins and outs of accounting, taxation and financial management? Let’s hang out and chat about it – it’s on us!
PS: We love biscuits.
Or, email us at
Or, email us at