by yasiradnan94 | Jun 16, 2022 | Advice, Landlords, Property, Tax planning
Ukrainian refugees are being hosted by private individuals and organisations in spare rooms and properties across the UK. The Government is providing hosts with a monthly payment of £350 per property, administered by local authorities. This payment is only given to...
by yasiradnan94 | Apr 4, 2022 | Advice, Property
When an individual dies everything they own is valued to calculate the inheritance tax (IHT) due on their estate. These assets include the deceased’s main home and any let properties they may own. All of the assets must be valued based on a deemed transfer at...
by yasiradnan94 | Nov 4, 2021 | Property
Most people are aware that generally capital gains is not payable on any gain made when selling their main home. This is due to Principal Private Residence Relief (PPR). There are conditions attached to the above and these are; the property mustn’t have been...
by yasiradnan94 | Aug 13, 2021 | Accounting, Advice, Property
Where a property business ceases there is a relief for expenses incurred in relation to the business after it has ceased. The business typically would cease where the property is no longer let or is sold. The circumstances in which this relief is available is where...
by yasiradnan94 | Nov 27, 2020 | Accounting, News, Property, Tax planning
A new online system for paying and declaring CGT within 30 days of completion for sales of residential property was introduced from 6 April 2020. CGT online applies to all sales of UK homes where exchange and completion occurred after 5 April 2020. Sellers who are not...
