Business rates for 2024/25 and changes to empty property relief - AccounTax Zone

Business rates for 2024/25 and changes to empty property relief

Business rates, rather than council tax, are payable on non-domestic properties. The rates are worked out by applying the relevant multiplier to the property’s rateable …

Read more

Read more

End of multiple dwellings relief for SDLT - AccounTax Zone

End of multiple dwellings relief for SDLT

As announced at the time of the Spring Budget, multiple dwellings relief for stamp duty land tax (SDLT) is to be abolished from 1 June …

Read more

Read more

Reduction in higher rate of capital gains tax on residential property gains - AccounTax Zone

Reduction in higher rate of capital gains tax on residential property gains

For capital gains tax purposes, residential property gains have their own, harsher, rules. Not only is taxed charged at a higher rate, but taxpayers also …

Read more

Read more

Payroll Services

Efficient Payroll Services for UK Construction Businesses

Payroll management in the construction industry can be challenging due to the complex nature of the work, varying rates of pay, and compliance with tax …

Read more

Read more

Calculating the capital gain on the sale of an investment property - AccounTax Zone

Calculating the capital gain on the sale of an investment property

Rising interest rates have forced many landlords to sell up. When selling an investment property, capital gains tax is payable at the residential rates to …

Read more

Read more

Inflationary gains and the CGT trap - AccounTax Zone

Inflationary gains and the CGT trap

The current capital gains tax rules do not provide any relief for inflationary gains. This can mean that when an investment property or second home …

Read more

Read more

Boost your income by letting out your spare room - AccounTax Zone

Boost your income by letting out your spare room

As the cost-of-living crisis continues to bite, the idea of earning tax-free income is appealing. If you have a spare room, you can make this …

Read more

Read more

Repairs and improvements – What is the difference and why does it matter? - AccounTax Zone

Repairs and improvements – What is the difference and why does it matter?

Work may be undertaken on a property to repair it or to improve it, and it will not always be clear where the dividing line …

Read more

Read more

Avoid the temptation to make speculative SDLT claims - AccounTax Zone

Avoid the temptation to make speculative SDLT claims

Not all property is equal when it comes to stamp duty land tax (SDLT). Higher rates apply to residential properties than to non-residential properties, with …

Read more

Read more

Financing an investment property - AccounTax Zone

Financing an investment property

A would-be property investor will need to be able to fund the purchase of their investment property. They may choose to do this personally or …

Read more

Read more

Using a period of grace election for furnished holiday lettings - AccounTax Zone

Using a period of grace election for furnished holiday lettings

The cost of living crisis has impacted on people’s ability to take holidays and short breaks. If you are a landlord letting a furnished holiday …

Read more

Read more

Book Discovery Call
Book Discovery Call