When a dwelling is uninhabitable – SDLT
Stamp duty land tax (SDLT) is charged at the residential rates on residential property and at the non-residential rates on non-residential or mixed property. For …
Gift FHL by 5 April 2025 to benefit from hold-over relief
The favourable tax regime for Furnished Holiday Lettings (FHL) is to come to an end on 5 April 2025. This will mean that landlords of …
Planned changes to agricultural property relief
Protests by farmers following the October 2024 Budget have catapulted agricultural property relief (APR) into the spotlight. But what is the relief, who can benefit …
Impact of increase in SDLT supplement
Despite the shortage in rental accommodation, investment in residential property is out of favour. In her Autumn Budget, the Chancellor increased the cost of buying …
Time to sell the investment property?
One of the few pleasant surprises in the Autumn 2024 Budget was that the Chancellor did not increase the rate of capital gains tax on …
Maximise BADR on sale of the FHL
The favourable tax rules that apply to furnished holiday lettings (FHL) come to an end on 5 April 2025. For many landlords, this may be …
Move back into a former home prior to sale to maximise PRR
Where a property has at some point been used as a main residence, certain periods of absence are, in some cases, treated as periods of …
Property Ownership: What Matters and Why
Under English property law, property ownership can be held jointly as joint tenants or tenants in common. The method of ownership can affect tax implications …
Selling House vs. Garden: Why Order Matters
Selling a residence and part of the garden or land separately may be desirable in certain circumstances. Where this is on the cards, it is …
Start of a property rental business
A property rental business will have a start date, and it is important to know when this is. A landlord will normally undertake some preparatory …
Using a property company for FHL
The current tax regime for furnished holiday lettings (FHL) has several advantages, including the ability to deduct interest and finance costs in full when calculating …
UK tax treatment of rent from overseas properties
A person who is resident and domiciled in the UK is liable to UK tax on rent from overseas properties. Consequently, if they have overseas …
