Tagged: tax

Buy-to-let landlords given hope over tax reforms

Buy-to-let landlords given hope over tax reforms

The Summer Budget in the UK included an announcement that interest relief would be limited to the basic rate of tax. This measure will be gradually introduced between April 2017 and April 2020. The...




New tax rules will negatively impact both tenants and the economy

New tax rules will negatively impact both tenants and the economy

An opinion piece in London’s daily business newspaper, City A.M., focuses on the remarks made by the chancellor in this recent budget statement that buy-to-let landlords have a huge advantage in the market as...




Could this be a crunch week for letting sector?

Could this be a crunch week for letting sector?

With the UK budget statement being delivered later this week by George Osborne it remains to be seen if measures will be introduced to close at least some of the tax breaks given to...




UK’s landlords spooked by coming election

UK’s landlords spooked by coming election

A survey of over 500 landlords by Urban.co.uk found that almost half of the UK’s private rented sector landlords have halted plans to expand their property empires ahead of the general election.  Among the...




UK Agents Housing Manifesto – supply, regulation and tax

UK Agents Housing Manifesto – supply, regulation and tax

The National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (ARLA) launched the manifesto today at the third consecutive NAEA Conference.  Having met professionals, politicians, experts and campaigners across the UK...




Surge in tax receipts sparked by HMRC investigations into buy-to-let

Surge in tax receipts sparked by HMRC investigations into buy-to-let

HM Revenue & Customs (HMRC) has experienced record receipts of capital gains tax after a crackdown on landlords. Figures published by accountants UHY Hacker Young show that probes by tax inspectors into underpayments of...




Crackdown on landlords raises £7.9m for HMRC

Crackdown on landlords raises £7.9m for HMRC

The taxman has raised £7.9 million in additional tax as a result of a crackdown on landlords with undeclared, or under-declared, rental income. The HMRC’s Let Property Campaign was launched 15 months ago, and...




One last chance for landlords announces HMRC

One last chance for landlords announces HMRC

With up to 1.5 million landlords underpaying up to £500 million in tax every year, the HMRC has announced one last chance for landlords who fail to declare all their rental income. HMRC plans...




Further call to ban letting agent fees

Further call to ban letting agent fees

A joint report from the Chartered Institute of Housing and the Resolution Foundation has called on letting agents’ fees to tenants to be banned. In an effort to raise the minimum standards in the...