Buy to let and shared house landlords are being urged to tell HM Revenue and Customs about any unpaid tax in return for reduced fines and penalties.
Landlords can take advantage of the new £2,000 Employment Allowance announced by Chancellor George Osborne in Budget 2013. The new stimulus aimed at creating jobs is open to property businesses as well as other companies, firms and partnerships. Trading status Continue reading
A High Court ruling designating holiday lettings as investment property and not a business – could affect inheritance tax for 100,000 owners. In the case, HM Revenue and Customs challenged whether a bungalow, near Aldeburgh, Suffolk, was classed as a Continue reading