If you decide to let a room in your main residence, you can receive a rental income of up to £7,500 and have no tax liability.1  

We’re back to answer more tax questions and help you figure out what tax reliefs you can take advantage of. This week we’ll be answering questions on property renovations, more specifically what tax reliefs are available when selling a property that has had renovation work. 

If you’ve been letting out your property for some time, you’ll know lots of things can change with your tenancies. Landlord Vision can help to keep a track of these changes and in this post, we’re showing you how.

According to the law, landlords must conduct gas safety checks on their homes by a gas safe registered engineer. All of your house flues, gas heaters, stoves, and pipes have to be inspected every year so that the safety of your tenants is assured.

In this post we will look at “Reinvestment Relief”. Numerous questions are asked about this relief and we will try to get to grips with the most common scenarios when this relief may be considered.  

As we emerge from the uncertainty of the pandemic, many landlords are starting to question whether they should expand their property portfolio…. 

In this post, we will look at the details of how tax exemption works when it comes to a properties gardens or grounds. We will cover what pitfalls and opportunities these tax exemptions provide.  

When it comes to handling the taxes for your buy to let investment any loss in profit you make is handled in a specific way. In this post we’re sharing exactly how you should account for buy to let losses in the most tax efficient way.

When you first start using the Landlord Vision software, you are likely to already have mortgages up and running if this is how you finance your properties. These mortgages may have been set up for a number of years, so Landlord Vision makes it easy to record them without having to record all of the payments and […]

In this week’s Q&A post, we answer your questions on how to save the most tax when re-mortgaging your properties. These questions cover real-life scenarios that require advice on when certain tax reliefs apply, and what capital gains tax is applicable to re-mortgaging.  

Property is one of the most unique asset classes for investors because of the flexibility it can provide, especially in terms of location and property type. Even if we discount property type, location and your own holding patterns, investors can opt to target different demographics such as short-term letting or assured shorthold tenancies. 

All of the companies featured in the case studies in this blog post are “close” companies.  

It is relatively common for an asset (e.g. an investment property) to be jointly held in the names of a married couple (or civil partners). The general rule is that those individuals are treated for income tax purposes as beneficially entitled to the property income in equal shares. This is sometimes referred to as the ’50:50 rule’.  

Over the past few years, property investment has become a very profitable way to make money.