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Tag Archive | "rental property"

HMRC Property Tax Campaign

Tuesday, March 5, 2013

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A new campaign targeting profits made on non-main home property sales has been started by HMRC. Specifically targeting people who have sold homes, which are not the main home, either in the UK or abroad, having made a profit and then not declared the profits. In these circumstances the sales profits would almost certainly be [...]

How will the new VAT rate affect the property sector?

Thursday, January 6, 2011

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How should you charge VAT for your tenants? Now that the standard rate of VAT has increased by 2.5 percent from 17.5 percent to 20 percent, we have made a quick outline into what these changes mean for people operating within the property sector.

Receiving rent from residential property?

Thursday, October 29, 2009

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Do you need to notify the taxman if you are receiving rent on any residential property?

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