Category Archives: News

In a recent press release issued by the Ministry of Housing, Communities and Local Government, new legal changes to empower councils to auction off leases for long-term empty lots was released. Here’s what the changes will provide. High streets are set to be revitalised as the government hands councils new powers to tackle the scourge […]

HMRC is encouraging customers to be prepared and have all the information they need ready to file their Self-Assessment tax returns early, so they can avoid any last-minute stress and know what they owe sooner. HMRC has a range of online help and support and YouTube videos to assist anyone completing their return, including first-time filers.   Scams advice from HMRC. Remember to: […]

The limit on Income Tax reliefs has applied since 6 April 2013. This measure was the first time a limitation to existing reliefs had been introduced. The cap is set at the greater of 25% of income or £50,000. This limit applies to the total amount of relevant reliefs claimed in a tax year and is […]

The Let Property Campaign provides landlords who have undeclared income from residential property lettings in the UK or abroad with an opportunity to regularise their affairs by disclosing any outstanding liabilities whether due to misunderstanding the tax rules or because of deliberate tax evasion. Participation in the campaign is open to all residential property landlords […]

Do you have a zero target for your Inbox or are you the victim of an ever growing list of emails? This post sets out a number of ideas that you may want to consider starting 2025 with an ambition to restore sanity to your email management. Adopt the “Inbox Zero” MentalityAim to keep your […]

If the worst happens and you do need to claim on an insurance policy you need to be aware that the proceeds are likely taxable. Insurance proceeds are normally to replace something that is lost. Rent If you receive proceeds to replace lost rent the insurance proceeds are taxable just as the rent would have […]