How would the Renters (Reform) Bill impact landlords’ tax obligations?
The impending Renters Reform Bill is set to be the most significant change in housing legislation over the past four decades.
Property Tax
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New law comes into force as moratorium on commercial rent arrears ended
A general moratorium on commercial evictions in England and Wales ended on 25 March, which will provide relief for many commercial landlords who are owed rent arrears.
Heritage properties forced to close during coronavirus pandemic can continue to claim tax relief, HMRC confirms
Heritage properties forced to close during the coronavirus pandemic can continue to claim tax relief, HM Revenue & Customs (HMRC) has confirmed.
Capital values grow for commercial property
There has been some relief for landlords as capital values across the UK commercial property sector have surged, according to a new survey.
ICAEW calls for removal of almost all VAT exemptions ahead of tax reform
Scrapping almost all VAT exemptions could simplify the tax system and ease the reporting burden for businesses, a major regulator has suggested. The report, published by the Institute of Chartered…
Corporation Tax – The new challenges for non-resident landlords
Many non-resident landlords are beginning to experience the impact of Corporation Tax changes introduced more than a year ago for the first time. From 6 April 2020, all non-UK resident…