Making Tax Digital (MTD) has been wading into the everyday life of property investment for a while, but the changes are moving from theory to practice for many landlords. If you’re overseeing a portfolio or juggling a few buy-to-let properties, now is the moment to tighten the admin, align with HMRC’s digital expectations, and avoid […]
Author Archives: Martin Wardle
I took a call from a worried man yesterday. A very worried man. He is busy selling a house and his solicitor rightly spotted that he might have an issue with capital gains tax because it has been rented in the past. If you sell a house that hasn’t always been your home there is […]
A year ago today I announced to the world I was setting up my own tax advisory firm. Well now TH Ward has been helping people with their taxes for a year! My team photo has two people in it at the moment. Thomas Wardle joined me and is busy working on his accountancy apprenticeship […]
When landlords in the UK start looking at software to handle Making Tax Digital (MTD) compliance, the landscape can feel like a maze. The market is crowded with products pitched for “accounts” or “trading businesses”—systems tuned to multi-user, VAT-heavy, or payroll-heavy operations. But many landlords need something more straightforward: a tool to track rental income […]
For landlords, Making Tax Digital (MTD) promises a smoother, more efficient way to handle tax obligations. Yet the transition can be tricky, especially when you’re balancing tenancy administration with compliance. Learning from others’ missteps is a practical way to protect your bottom line and keep HMRC happy. This piece covers common MTD pitfalls, the consequences […]
What a strange world we live in. I see a lot of posts online from landlords and others worrying about the incoming need to submit quarterly updates to HMRC under Making Tax Digital. Some of the responses remind me of those given to the clinically depressed – “Just be happy!” What do I mean? Well […]
Copernicus was a thought leader. Way ahead of his time. He figured out that earth wasn’t the centre of the universe. He died in 1543. 21 years later Galileo was born and figured out Copernicus was right. He was ultimately placed under house arrest and forced to deny his beliefs under threat of torture. Now […]
Tax planning isn’t just about dodging bills at April. For many professionals and business owners, it shapes cash flow, investment capacity, and even the way you structure a property portfolio. Landlords, in particular, face a shifting landscape of allowances, reliefs, and compliance duties that can quietly erode returns if you don’t navigate them carefully. A […]
If you follow me you are probably quite on the ball with all things finance. Even if you are not then you’re probably a UK citizen of voting age. On that basis your opinion on things matters. With the budget coming up it’s reasonably to ask what people are hoping for from it. I […]
So what can we learn from the Downing Street pantomime in so far as taxes? Well first things first Starmer strongly denied authorising the briefing against his colleagues. The fact they happened means he either lied or they did it against his wishes. Neither is a good look for someone trying to portray being in […]