Stamp duty and selling your house. Throwing in the garden shed?
Posted by Jon Pryse-Jones on June 3, 2022Stamp duty when selling your house may not seem important as it’s paid by the buyer but there are still good reasons to help.
ATED return (Annual Tax on Enveloped Dwellings) – don’t forget!
Posted by Karen Jones on March 16, 2022Do you have a company which owns residential properties valued at over £500k? If you do, then you may have to file ATED returns (Annual Tax on Enveloped Dwellings) and pay additional taxes on them.
Up to 300% council tax increase on second homes
Posted by Jon Pryse-Jones on March 7, 2022From next year in Wales, local authorities can apply up to a 300% council tax increase on second homes. Will the rest of the UK follow suit?
How can I challenge a council tax band? Is it worth it?
Posted by Jon Pryse-Jones on February 9, 2022With the Chancellor offering £150 council tax rebates to some householders, many are wondering how to challenge a council tax band.
New landlord? Make sure your mortgage doesn’t land you in trouble
Posted by Jon Pryse-Jones on January 26, 2022If you’re a new landlord, you need to make sure you have the right mortgage – or you could face penalties or have to pay back the whole loan.
How not to pay the increased Stamp Duty Land Tax rate on additional properties
Posted by Ian Henman on November 10, 2021The chancellor introduced an extra charge to stamp duty land tax for additional properties a few years ago, here’s how you may be able to avoid it…
Buy-to-let allowable expenses – what can you claim?
Posted by Jon Pryse-Jones on November 1, 2021Buy-to-let allowable expenses – all landlords offset tax with expenses that have been spent on the property but do you know what’s claimable?
Joint tenants or tenants in common – letting a jointly owned property
Posted by Ian Henman on October 13, 2021Joint tenants or tenants in common – letting a jointly owned property – we look at the differences and advantages of each for BTLs.
The Residential Nil Rate Band – What Does It Mean For You?
Posted by Karen Jones on October 1, 2021Learn about how the new residential nil-rate band (RNRB) and how it applies to inheritance tax (IHT). Contact THP today for more information.
Save Tax on your Buy To Lets without Incorporating…for married couples
Posted by Ian Henman on September 29, 2021Save tax on your buy to lets – if you are married and own properties there may be some tax efficient solutions for you. We explain.
