Anyone wishing to run a business in the UK has a wide choice of ways to organise it. Each possible structure has its own advantages and disadvantages. This post gives an overview of the three basic types of business structure that are commonly used.

The UK’s tax system is currently based on “Self-Assessment”. People who have untaxed income (such as rents from property or income from self-employment), or who have high incomes generally, are sent an annual Self-Assessment Return for each tax year, shortly after the end of that year on 5 April. 

It’s a bit of a coincidence that Stress Awareness month coincides with the end of the tax year, or is it? The 5th of April marks the last day of the tax year and landlords everywhere will be breathing a sigh of relief that they can put it behind them and start fresh.  

This is a special type of furnished letting, and it enjoys a number of tax advantages over the ordinary letting of furnished or unfurnished residential accommodation. We will look in detail at the advantages and the rules, but in summary, the advantages are: 

Shelley is one of our customers here at Landlord Vision and she’s kindly shared her experience of using property management software. Read on to find out how Shelley manages her properties and which software features have helped her to become more detail oriented.

Landlord Vision is designed for residential landlords by landlords, to help make managing your property portfolio as easy and stress-free as it can be.  

Deposits From Tenants   It is common practice for a landlord to take a deposit from a tenant when letting a property to cover the cost of any damage caused to the property by the tenant. A deposit of this nature may be referred to as a security deposit, a damage deposit or a rental deposit. […]

You might have thought adding the ability to use negative numbers within Landlord Vision wouldn’t make too much of a difference, but you’ll be surprised…

Our sister site Tax Insider helps landlords and other taxpayers to understand taxation matters and to reduce their tax burdens. In this guest post they explain Private Residence Relief and what you need to know about it.  

Our sister site Tax Insider helps landlords and other taxpayers to understand taxation matters and to reduce their tax burdens. In this guest post they explore personal and company ownership and look at the pros and cons of each ownership model. 

Our sister site Tax Insider helps landlords and other taxpayers to understand taxation matters and to reduce their tax burdens. In this guest post they explore the financial help that is available for landlords who may have been affected by the pandemic.  

Many a property developer has spotted the potential of buying a large property and converting it into flats in order to maximise profit, and landlords can do this with their properties too. 

The tax year runs from 6th April to 5th April every year, but what does this mean for landlords and is there anything you need to be aware of when this near tax year starts? 

What is Legal Ownership? Legal ownership reflects who is responsible for the land/property. The parties registered under the Land Registry are the legal owners. Under English law, no more than four persons can be formally registered as the legal owners of a parcel of land/property. Those (up to) four persons are essentially equal.