rents

HMRC urges landlords in UK to make tax disclosures sooner rather than later

Landlords in the UK have made 13,000 disclosures through the tax man’s let property campaign was launched in 2013 to encourage those owing tax to get their affairs in order. To date the campaign has brought in £50 million in unpaid tax and HMRC believes that most of those failing to declare rental earnings owe […] The post HMRC urges landlords in UK to make tax disclosures sooner rather than later appeared first on PropertyWire . Continue reading

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Landlords in UK denied the legal right to challenge buy to let tax change

The High Court in London has rejected a legal application on behalf of residential landlords for a review of Section 24 of the Finance Act 2015 which will change the way their income is taxed from next year. The changes, which are due to come into force in 2017, would stop landlords being able to […] The post Landlords in UK denied the legal right to challenge buy to let tax change appeared first on PropertyWire . Continue reading

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Rental growth in UK residential market slowing, latest index shows

Residential rental growth in the UK is showing signs of easing with rents up 0.09% in September, down from the 0.12% recorded in August, the latest index figures show. Overall rental prices are still up 1.65% year on year to an average of £1,187 per month. But in London it is a different story with […] The post Rental growth in UK residential market slowing, latest index shows appeared first on PropertyWire . Continue reading

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