What do you know about holding structures? Given the current economic turmoil, we’re all keen to make sure we’re not paying over the odds. It’s never made more sense to try to keep as much money firmly in our wallets as we can. This is true across the board, be it turkeys, telephone bills or …
Join Mashroom on Friday 2nd December at 3pm to get ready for tax season and learn more about the holding structures available to landlords and find out if a limited company is right for you. Knowing about tax is key to being a successful landlord – you want to make sure you are not underpaying …
What does a landlord need to know about allowable expenses and income tax? Landlords can reduce their income tax bills by claiming back certain expenses associated with letting out their properties. However, not all expenses are allowable – i.e. accepted by the tax office – so it’s important to understand what you can and can’t …
Autumn Statement announced – here’s what it means for landlords The day of reckoning has finally arrived, and we’ve now heard from Chancellor Jeremy Hunt how the government plans to tackle the plentiful issues that face the country. As we watched, we were wondering: Will landlords finally get some relief? Do ministers grasp the issues …
Join Mashroom on Friday 18th November at 3pm to get ready for tax season and understand how much you can claim back on allowable expenses. As well as knowing the ins and outs of compliance, so that you can rent your property legally, landlords also need to be up to date with tax. You can …
From corporate ladders to side hustles and portfolio careers, is the end of hustle culture the next professional trend? The world is a different place than it was a couple of years ago (a global health crisis and financial downturn will do that) and nowhere is that more obvious than in the world of work. …
Mortgage tax relief changes are causing 37% of landlords to consider selling their rentals. Keeping up with tax changes is no easy task, and landlords already have plenty on their to-do lists. The Landlord Works has recently stated that more than a quarter of landlords with larger portfolios of 20 or more buy-to-lets have already …
It’s that time of year again and we’re here to remind you that a tax extension by HMRC is available for Self Assessment taxpayers. Today (31st January 2022) would have been the usual deadline for self assessment taxpayers, but here’s the good news! As part of their continued effort to help combat the financial effects …
We explore the most important Council Tax rules and where in England, Scotland and Wales has the cheapest and most expensive Council Tax. As with bins, rules surrounding Council Tax in the UK are a minefield of information so here at Mashroom we want to make all the rules as simple as possible to understand. The local …
Could small-time landlords follow in the footsteps of a King and a former Prime Minister? You may think you’d like to, but think again… Many of us have read through the recently released Pandora Papers, that reveal the dealings of the world’s wealthiest individuals. Unsurprisingly, it makes for some eye-opening reading. The juicy files reveal …
