Tax

How to Calculate Capital Gains Tax

How to Calculate Capital Gains Tax

Selling a property in the UK will often come with a variety of financial commitments or obligations. One such obligation is the capital gains tax that is payable upon the sale of a property. Landlords frequently encounter several questions and uncertainties concerning what capital gains tax is and how it operates.  This article will clarify …

What Does Council Tax Pay For?

What Does Council Tax Pay For?

For so many people, council tax can seem like one of the great mysteries of the modern age. What is it? How does it work? What does it pay for? Why didn’t they teach us about this in school? But regardless of any continuing confusion, if you rent or own a property, you’re likely to …

How To Pay Your Tax as a Landlord

How To Pay Your Tax as a Landlord

Tax certainly isn’t the most exciting thing in the world. Nor does anyone like to pay for it. But unfortunately, everyone must. As they say, there are two certainties in life: death and taxes.  As a landlord, you need to pay tax on the earnings you make from renting, but it can be overwhelming knowing …

Landlord Tax Webinar Transcript

Landlord Tax Webinar Transcript

Introduction Naveen Jaspal (NJ): So, thank you all for joining us today. We hope you find today really useful. So first of all to introduce us, you can currently see on the screen our pre-lockdown photos, and shortly we will have our cameras on and you’ll be able to see us all and the consequences …

Changes to Tax Relief on Mortgage Interest for Landlords in 2021

Changes to Tax Relief on Mortgage Interest for Landlords in 2021

Landlords have a number of strict responsibilities they need to adhere to, with one of the more important ones centring around the process of taxation.  It can be frustrating as a landlord to be subject to changing tax rules and regulations requiring a landlord to pay increasingly higher tax rates as landlord tax relief is …

Buy-to-Let Taxes Explained

Buy-to-Let Taxes Explained

When setting out to acquire a property as an investment or not as your main residence, one of the avenues you could explore is the buy-to-let property market. This will however include a different set of taxes than other properties and so it is important to understand exactly what taxes are involved and what additional …

Your Guide to Capital Gains Tax

Your Guide to Capital Gains Tax

Tax isn’t exactly the most exciting topic in the world, but as a landlord, understanding your tax responsibilities is pretty important. Of course, not all tax is created the same, and this particular guide will help you navigate the intricate details of Capital Gains Tax (CGT). So, if you’re looking for more information on Capital …

Understanding Tax as a Landlord

Understanding Tax as a Landlord

Buying a rental property is often regarded as one of the safest ways to invest in the UK. It’s also one of the least intimidating — if you’re unfamiliar with stocks and bonds, physical bricks and mortar is a good option. However, you will likely have to pay tax on your rental income profit – …