THP Blog

Have you de-registered for VAT recently? Don’t forget to claim back the VAT on any bad debts.
Posted by Jon Pryse-Jones on April 25, 2017

Claiming back VAT Many small businesses VAT registered in the first instance to take advantage of the flat rate scheme. Following the recent 2017 budget many of these advantages no longer remain and many small businesses now need to consider whether it’s better to de-register – see here.

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Claiming back VAT
Posted by Jon Pryse-Jones on April 6, 2017

Do 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.

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Letting a jointly owned property
Posted by Jon Pryse-Jones on April 3, 2017

What you need to know about your jointly owned property It is not always the case that a husband and wife can decide how to share the rental income they receive from a jointly owned property.

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jointly owned property
New accounting rules for landlords
Posted by Jon Pryse-Jones on March 29, 2017

Recalcuating your property profits From 6 April 2017, most individual landlords (not companies or trusts), will be required to calculate the profits from their lettings business on a cash basis. This means income is recognised only when it is received, and costs are deducted only when the money is spent.

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accounting for landlords
Employee Healthcare – How to Get a Cheap Apple Watch Simply by Getting Fit.
Posted by Jon Pryse-Jones on March 1, 2017

These days, good employers understand the importance of looking after the health and wellbeing of their workforce (especially as we’re all living and working for longer). One of the most popular ways to give employees a helping hand when it comes staying fit and healthy is to offer employee health benefits – in fact, research

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employee health benefits
The New Residential Nil Rate Band – What Does It Mean For You?
Posted by Jon Pryse-Jones on December 19, 2016

What You Need to Know About the New Home Allowance After months of waiting, HMRC have recently published their guidance on some of the more detailed areas relating to the residential nil rate band (RNRB), also known as the new home allowance and how this applies to Inheritance Tax (IHT). The guidance that has been

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Transferring your properties to a Limited Company
Posted by Jon Pryse-Jones on December 14, 2016

As a Landlord, would I be better off transferring my properties to a Limited Company? In recent years, the buy to let market has been subjected to a number of punitive changes that have been introduced by the UK Government, culminating in a key development in April 2017 which will see higher rate tax relief

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Landlords property tax
Jingle and Mingle at Wanstead
Posted by Jon Pryse-Jones on December 7, 2016

Yesterday was our pre- Christmas Wanstead Jingle and Mingle and a big thanks to all of our clients who attended. A special thankyou goes to our very own Sam Rowe who went beyond the call of duty (as always!) to ensure that all the arrangements were ready. And I think it’s fair to say that

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Jingle and Mingle at Wanstead
Tenants 1 High Street Estate Agents 0
Posted by Jon Pryse-Jones on November 28, 2016

Last week’s first Autumn Statement by Chancellor Phillip Hammond brought a number of key headlines for both individuals and businesses across the UK, including the news that fuel duty will be frozen, the National Living Wage will rise by 30p and insurance premium tax will increase from 10% to 12%. However, one sector that was hit

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Letting Agent Fees post Autumn Statement 2016
Are mortgage lenders doing enough to help those sitting on an interest-only mortgage time bomb?
Posted by Jon Pryse-Jones on June 22, 2016

If you took out a mortgage in the 1990s, you may be looking towards next year with a distinct feeling of dread. But are mortgage lenders doing enough to help those with interest-only mortgages? 2017 is the year when the number of endowment mortgages sold back then reach their peak period of maturing. These interest-only

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Mortgage Application
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