Personal tax • Property2023/2024 Lettings relief & capital gains tax – property update Updated: 21 January 2025 - This article was updated to highlight that although the way lettings relief itself is calculated hasn’t changed,… By RJP LLP on 24 January 2023 Read more
Business Tax • PropertyProperty Tax Update: Understanding ATED – Annual Tax on Enveloped Dwellings This is an annual charge that may be due where a company, which includes an LLP with a corporate partner, owns residential… By RJP LLP on 21 June 2022 Read more
Personal tax • Property • Tax Planning • Tax ReliefUnderstanding capital expenditure made by landlords If you have purchased an investment property and are planning to rent it out, you might be wondering whether you can offset… By RJP LLP on 20 July 2021 Read more
Property • VATLandlords take note – should you charge VAT for the provision of storage services? VAT legislation originally introduced in 2012 is starting to have an impact on the relevant business service providers now, as HMRC has… By Simon Paterson on 29 June 2021 Read more
Business Services • Coronavirus Advice • Personal tax • PropertyStamp duty holiday finishes at the end of March The stamp duty holiday certainly had the desired effect and has helped create a mini property boom at a time when the… By RJP LLP on 9 February 2021 Read more
Business Services • Personal tax • PropertyUnderstanding capital gains tax on property sales In recent weeks we have received a number of queries about capital gains tax due when a property is sold. These enquiries… By RJP LLP on 21 January 2021 Read more
Personal tax • Property • Tax Planning • Tax Relief • tax returnsWhat powers does HMRC have to spot missing rental income? If you have a rental property, it is important to report the rental profits to HMRC on a self-assessment tax return. HMRC… By RJP LLP on 12 October 2020 Read more
capital allowances • Personal tax • Property • Tax PlanningWhy is a holiday let more tax efficient that a normal buy-to-let? This summer’s staycation boom, the prospect of Brexit and the temporary reduction in stamp duty rates have left many people thinking about… By RJP LLP on 23 September 2020 Read more
Business Tax • Personal tax • Property • ServicesReminder: Is an In-Year ATED Return due on your company’s residential property? Many people are choosing to own residential rental properties within a company structure (known as an enveloped dwelling). This form of ownership… By RJP LLP on 16 June 2020 Read more