A common thing to happen among landlords is that as they age they decide to start passing properties down the generations. Often this crops up in the “any other news” part of a chat as something that happened a while back. I ask if the gain on the gift was declared and people look […]
Monthly Archives: February 2025
I’ve posted before about all the ways HMRC can find out what you’re up to. I’ve also said that in the budget last year Rachel Reeves said HMRC were adding 5,000 compliance officers to the workforce. You also know that I was on the radio yesterday where I reminded people about this. […]
There are many ways you can be fined as a landlord. Some obvious and some not so obvious. In the news this week I saw that someone had been fined £30,000 for not following HMO licensing rules. Fines don;t have to be this extravagant of course. You might just be one of the […]
You really are spoiled for choice at the moment! You can catch me all over! Later this morning I will be on Spice FM talking to Mayank on his excellent Property Pulse show. Head over to Spice FM to listen in at 11am. Looking at the list of topics he has we won’t get […]
If you have took a while to bring a property to market you will have some costs from before you started receiving rent. I was speaking to a chap last week in precisely this position. He has been gradually working on a property for a couple of years and it is now ready to […]
On Monday 23rd September 2024 something big started. This newsletter! Today marks the 100th edition. Other than the Christmas break I’ve sent a short property tax related email five times a week. The first edition had the follow text in it: “Starting off a little bit numerous but a client mentioned to me […]
Since April 2024, over 37,000 individuals have proactively topped up their National Insurance (NI) records, collectively adding £35 million to their State Pension pots. This initiative has resulted in more than 68,000 years’ worth of contributions, with an average payment of £1,835 per person. Notably, 65% of these contributions cover gaps from 2017 onwards, leading […]
My wife sent me a clip the other day and asked me “Why don’t you do something like this?” It was a video from a property investor on Facebook. My reply to her? I do! It made me think though. Maybe I don’t share enough the fact that I have content out […]
I get this one a lot. A couple will be sitting in front of me giving me a run down on their exciting plans for growing their property portfolio. They plan to get married but aren’t yet. We cover all of the usual questions in the fact find then I ask them what their wills […]
1 February 2025 – Due date for Corporation Tax payable for the year ended 30 April 2024. 19 February 2025 – PAYE and NIC deductions due for month ended 5 February 2025. (If you pay your tax electronically the due date is 22 February 2025) 19 February 2025 – Filing deadline for the CIS300 monthly […]