HMO tax rules: what HMO landlords, investors and developers can claim
An HMO (house in multiple occupation) is taxed under the same rules as any other rental property. But the costs, the licensing and the record-keeping look nothing like a single…
An HMO (house in multiple occupation) is taxed under the same rules as any other rental property. But the costs, the licensing and the record-keeping look nothing like a single…
If you're converting a property, a lot of your building bill can carry VAT at 5% instead of 20%. That covers turning offices or shops into flats, splitting a house…
Section 24 stops individual landlords deducting mortgage interest from rental income. Instead you get a 20% tax credit, which means higher-rate taxpayers pay tax on money that went straight to…
Should you hold buy-to-lets in a limited company? With property income taxed at 22% to 47% from April 2027, here is the honest 2026/27 answer, with worked numbers.
What’s on this page? ▾Types of property transactions and their VAT treatmentsVAT registration requirementsReclaiming VAT on property expensesCommon pitfalls in VAT accountingVAT compliance and reportingEcco Accountants’ services for property developersConclusionFAQs …
What’s on this page? ▾Mortgage Interest ReliefCapital AllowancesReplacement of Domestic Items ReliefRent-a-Room ReliefPrivate Residence ReliefProperty Allowable Expenses ReliefIncorporation ReliefAnnual Tax-Free AllowanceConsult with Ecco AccountantsFAQsMaximising tax reliefs can significantly enhance your…
What’s on this page? ▾What is Capital Gains Tax?CGT Rates and AllowancesCalculating CGTAllowable ExpensesReporting and Paying CGTCGT on Inherited PropertyCGT Reliefs and ExemptionsCGT Planning StrategiesCGT for Limited CompaniesSeeking Expert AdviceFAQsCapital…
What’s on this page? ▾Registering as a LandlordReporting Rental IncomeAllowable ExpensesMortgage Interest ReliefCapital Gains Tax ReportingFiling DeadlinesVAT on Property TransactionsNon-Resident Landlord SchemeStaying Updated with HMRC ChangesConsult with Ecco AccountantsFAQsHMRC guidelines…
What’s on this page? ▾Register with HMRCMaintain Accurate RecordsHealth and Safety ComplianceTenancy AgreementsLandlord LicensingEnergy Performance Certificates (EPC)Right to Rent ChecksFinancial ComplianceTax ComplianceConsult with Ecco AccountantsFAQsEnsuring compliance with regulatory requirements is…
What’s on this page? ▾Income Tax or Corporation Tax on Rental IncomeCapital Gains Tax (CGT)Stamp Duty Land Tax (SDLT)Mortgage Interest ReliefProperty AllowanceInheritance Tax (IHT)Value Added Tax (VAT)Tax on Furnished Holiday…