Update from DRG Chartered Accountants
Don’t miss the ATED filing deadline on 30th April 2018
The annual tax on enveloped dwellings (ATED) filing deadline is often overlooked as it is generally due 30 days after the start of the new tax year. For 2018/19, the deadline for submitting an ATED return is 30 April 2018. A non-natural person owning an interest in a UK residential dwelling valued at more than £500k would fall within the ATED rules. Read more
Tax considerations for property investments
Investment in property continues to be popular. Assuming that a property makes commercial sense, what tax considerations should potential investors take into account? Read our fact sheet to find out more.
Investments in buy-to-let property
If you are considering investing in buy-to-let property, there are a number of factors you might need to take into account:-
- Tax on rental income
- Restriction on loan interest relief for “buy-to-let” landlords
- Replacement of furnishings
- The end of the wear and tear allowances
- Capital gains tax on the sale of your buy-to-let property
- Student lettings
- Furnished holiday lettings
- New tax allowance for property and trading income
Thinking of setting up a Limited Company to invest in buy-to-let property?
Limited liability companies can now be used to facilitate the purchase of buy-to-let properties. Previously, it has been difficult to raise finance as a corporate structure but now there are several lenders who specialise in limited company buy-to-let mortgages. Read more
 |  |  |
DISCLAIMER: This newsletter is for guidance only, and professional advice should be obtained before acting on any information contained herein. Neither the publishers nor the distributors can accept any responsibility for loss occasioned to any person as a result of action taken or refrained from in consequence of the contents of this publication.