In depth
Income Tax
Technical commentary on the issues affecting owner managed businesses, property investors and professional intermediaries.
Non-resident Landlords Scheme (NRLS) explained.
If you own property in the UK but live abroad, or you rent a home from someone who is a non-resident in the UK, there is a corner…
Read more →Making Tax Digital for Income Tax: what sole traders and landlords need to know
MTD IT A practical guide to the rules, the thresholds, the deadlines and the penalties. Making Tax Digital for Income Tax is the largest change to the way…
Read more →HMRC information notices: six things worth knowing before you reply.
A practical guide for taxpayers, accountants and advisers, drawing on Dr Robin Garai v HMRC [2026] UKFTT 920 (TC) Few pieces of HMRC correspondence cause more anxiety than…
Read more →Extracting property sale proceeds from a family investment company.
The problem. A husband and wife owned a family investment company on a fifty fifty basis. Its only asset was a commercial property, a vehicle repair garage, let…
Read more →Securing private residence relief through beneficial ownership.
The problem. A family approached us through their accountant facing a significant Capital Gains Tax exposure on the sale of a residential property. The parents had purchased a…
Read more →Ltd Co or Personal – Which is better for Property Ownership?
“Should I buy my next property through a limited company?” is the question I get asked more than almost any other. The honest answer is: it depends, but…
Read more →Five expenses landlord always almost forget to claim!
Most landlords claim maintenance expenses, mortgage interest, insurance and letting agent fees. Far fewer claim everything they are actually entitled to. Here are five that regularly get missed.…
Read more →Section 24 & Finance cost for landlord Income Tax.
Most landlords know Section 24 exists. Very few understand how badly it hurts them. Before 2020, if your rental income was, say, £30,000 and your mortgage interest was…
Read more →MTD IT – Don’t miss the steps.
MTD IT is a genuine change to how landlords and self-employed people manage their tax affairs, and from conversations I had recently with people many are not sure…
Read more →MTD IT – What & When!
If MTD IT applies to you, here’s what it means in practice. From 6 April 2026, you will need to keep all your financial records digitally using approved…
Read more →Making Tax Digital for Income Tax becomes mandatory.
From 6 April 2026, Making Tax Digital for Income Tax becomes mandatory for anyone with self-employment or rental income of £50,000 or more in 2024–25. If that’s you,…
Read more →Landlords and Pension – Don’t make this mistake.
We see this far too often with landlords.Some don’t contribute to a pension at all, thinking rental income doesn’t qualify. Others over-contribute, assuming they will get tax relief…
Read more →ECOS Schemes Tax Changes from October 2026.
Big changes are coming for businesses using employee car ownership schemes (ECOS). A quiet but significant change is on the horizon for businesses offering Employee Car Ownership Schemes…
Read more →Electric Car BIK – What is changing?
Electric cars won’t stay tax-efficient forever. From April 2025, the BiK tax rate on EVs will start rising—affecting both cost planning and payroll reporting and just a year…
Read more →HMRC Tax Changes in April – What Businesses Need to Know
Several major HMRC tax changes are coming into effect from April, impacting businesses across the UK. Employers face higher payroll costs, tax reliefs are shifting, and vehicle classifications…
Read more →