Latest Blogs

03/11/2025

Tax relief for costs of updating a property prior to letting

When a landlord buys a new property to let out, they may need to undertake some work prior to the first let, particularly if the property is tired or in need of updating. The extent to which relief will be available for the costs of updating the property will depend on the nature of those costs.  

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01/10/2025

Effective date of VAT registration

Find out why it is important to choose the date of registration carefully when registering for VAT voluntarily.  

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01/10/2025

Registering for Self Assessment

If you are new to Self Assessment and need to submit a tax return for 2024/25, you will need to register for Self Assessment before 5 October.  

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01/10/2025

Tax treatment of rental deposits

It is important that landlords understand how deposits should be treated for tax purposes.  

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02/09/2025

IHT charge on unused pension benefits

From 6 April 2027, inheritance tax will be payable where someone’s estate at death includes unused pension funds or death benefits.

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02/09/2025

Paying sufficient salary to get a qualifying year for state pension purposes

Find out what is the minimum salary needed for 2025/26 to be a qualifying year for state pension purposes.

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02/09/2025

Major repairs to a let property – what is deductible?

In determining whether a deduction can be made in calculating rental profits, it is necessary to ascertain whether a repair is revenue or capital. 

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12/08/2025

Tax implications of writing off a director’s loan

Personal and family companies often make loans to directors. However, there can be tax and National Insurance implications of doing so.

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