Property tax

Tax / Tax changes see one in four buy-to-let landlords sell up

The changes to mortgage interest relief (MIR) have led a quarter of buy-to-let landlords to put in place plans to sell up, while 20% are setting up limited companies in response, according to research by the Residential Landlords Association (RLA)

Tax / Buy-to-let taxation: quarterly reporting for landlords - part 2

In part two of our exclusive series on buy-to-let taxation, Cathy Corns, corporate tax partner at Mercer & Hole outlines HMRC's quarterly tax reporting requirement for landlords as part of Making Tax Digital, which is set to come into force from April 2018

Tax / Buy-to-let taxation: interest relief restriction - part 1

In part one of our exclusive series on buy-to-let taxation, Cathy Corns, corporate tax partner at Mercer & Hole explains how restrictions on tax reliefs will have significant implications for landlords

Tax / Buy-to-let landlords fear impact of April 2017 tax hikes

Nearly two thirds of buy-to-let landlords are worried that they will be hit by the April 2017 changes to income tax relief and stricter mortgage affordability checks, although the majority plan to retain their property investments

Tax / Tax data: CGT data, HMRC rates of interest - Jan 2017

Download the HMRC CGT indexation allowance for September 2016, RPI Index for November 2016 and HMRC rates of interest, changes to stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates, and more

Tax / Portugal raises taxes on homes with sea views

The tax authorities in Portugal have introduced a controversial increase in property tax on homes that offer a sea view, which will pay 20% more than the standard levy, while those facing north or overlooking a cemetery may be given a 10% reduction

Tax / ATED annual charges set to rise

The latest charges for Annual Tax on Enveloped Dwellings (ATED) for the period 2017 to 2018, which were released as part of the Autumn Statement, have risen to reflect the September 2016 consumer price index (CPI)

Tax / Clarification on tax allowance for ‘sharing’ economy income

HMRC has issued a policy paper outlining a tax allowance for individuals with small amounts of income from providing goods, services, property or other assets, which was originally set out in Budget 2016 as a way of facilitating the ‘sharing’ economy

Tax / AS2016: key tax changes and implementation dates

Our essential snapshot of the key measures announced in Autumn Statement 2016 and Finance Bill 2017, including salary sacrifice, disguised remuneration, NIC for self employed, reduction in MPAA limit and flat rate VAT scheme

Tax / Tax data: CGT data, HMRC rates of interest - Dec 2016

Download the HMRC CGT indexation allowance for August 2016, RPI Index for October 2016 and HMRC rates of interest, changes to stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates, and more                                                                                                                                            

Tax / AS2016: government to legislate for ‘greater certainty’ in HMRC enquiries

The government will legislate to provide HMRC and taxpayers earlier certainty on individual matters in large, high risk and complex tax enquiries, it was confirmed in the Autumn Statement

Tax / AS 2016: key tax measures and expert commentary

The last Autumn Statement signalled a fairly light approach to significant tax changes which will be a welcome respite for tax advisers and businesses. Here our team of expert Wolters Kluwer tax writers run through the tax implications of key measures

Tax / AS2016: Making Tax Digital consultation feedback planned for January

The government has confirmed that it will publish its response to the initial Making Tax Digital consultations in January 2017 with the first quarterly reporting period for unincorporated businesses and buy-to-let landlords set to kick in from 2018

Tax / AS2016: ban on letting agent fees knocks landlords

In a further move to upset buy-to-let landlords, the government will ban letting agents’ fees to tenants, to improve competition in the private rental market and give renters greater clarity and control over what they will pay

Tax / Bank of England given wider powers over buy-to-let mortgages

The Treasury is to grant new powers to the Bank of England’s financial policy committee (FPC) designed to help it protect the financial system from future risks in the buy-to-let mortgage (BTL) market if interest rates rise
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