HMRC disclosure facility for non-resident landlords
[ad_1] Letters are being sent during August to companies resident outside the UK that HMRC’s records show hold UK commercial property and have not registered for income tax or corporation tax in relation to these properties. The letter requests the company to complete a certificate confirming whether the company needs to make a disclosure of unpaid […]
Capital gains tax considerations for landlords
[ad_1] Landlords may be selling to benefit from the CGT annual exempt amount before it falls, or market conditions may be forcing a sale, but they must be prepared to meet their CGT compliance obligations, Gillian Banks advises. Rising interest rates combined with the finance cost restriction and falling property prices are having an impact […]
12 tips for buy-to-let landlords filing a 2021-22 tax return
[ad_1] The deadline for landlords to file their self-assessment tax returns for the 2021-22 tax year is creeping up, with the final cut-off on Tuesday 31 January. Those who forget or put off filing their return could be hit with an automatic £100 penalty plus further increases, so it’s important not to leave filing to […]