by Helen Graham | Feb 6, 2023 | Tax, Tax and Financing
Buy-to-let Capital Gains Tax explained As a buy-to-let landlord, you have two main methods of turning a profit from your investment: taking an income in rent, and making a profit when you sell a property that has increased in value. When you sell a rental property,...
by Helen Graham | Feb 6, 2023 | Tax, Tax and Financing
Completing your landlord tax return: a step-by-step guide If you make money from letting one or more properties, you need to declare your income and pay Income Tax on it each year. If you’ve never completed a Self-Assessment tax return before, it can seem like a...
by Helen Graham | Feb 6, 2023 | Tax, Tax and Financing
Section 24: buy-to-let tax relief rules explained The tax year 2020/21 was the first year under which the provisions of Section 24, which have been phased in slowly since 2017, finally came into full effect. These tax reforms have substantially reduced the amount of...