Cash Basis For Landlords Explained

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HMRC’s ‘making tax digital’ (MTD) strategy aims to transform the UK into one of the most digitally advanced tax administrations in the world. Under the proposals, businesses and landlords will be required to maintain digital records, and to provide digital updates to HMRC quarterly. For this to become a reality, […]

Common Landlord Tax Mistakes – Case Studies

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HMRC have recently published a series of case studies which aim to help landlords avoid common mistakes when working out and reporting income and profit from renting out property. Some of the situations covered by the case studies are explored below. The case studies are taken from HMRC’s guidance. Remortgaging […]