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Incorporation relief: A case study
The recent uncertainty surrounding the proposed abolition of Furnished Holiday Lettings has led to property landlords considering whether they should…
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Asif Patel
Reporting capital gains tax due on UK property
This factsheet covers capital gains tax (CGT) reporting requirements for both UK residents and non-UK residents who sell land and property that is…
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Asif Patel
Flat management companies & tax
If you own or manage a flat management company, it's important to be aware of the various tax implications.
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Asif Patel
How to account for a property management company
Property management companies let properties they do not own and are responsible for their day-to-day operations and repairs.
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Asif Patel
What are allowable property expenses?
Allowable expenses are business costs that can be deducted from trading income when calculating the business’ profits for tax purposes.
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Asif Patel
10 benefits of filing your 2024/25 tax return early
As the 2024/25 tax year has now come to an end, individuals who need to file a Self Assessment tax return for that year can now do so.
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Asif Patel

May 2025

Reporting 2024/25 benefits and expenses
Employers who provided taxable benefits and expenses to employees in the 2024/25 tax year need to meet compliance obligations in respect of those…
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Asif Patel
New thresholds for off-payroll working
The off-payroll working rules apply where a worker provides their services to a medium or large private sector company or to a public sector body…
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Asif Patel
Claiming mileage relief
Employees may pay for the fuel that they use for business journeys undertaken in their own car or in a company car.
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Asif Patel
Extension to MTD for ITSA
Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is introduced progressively from 6 April 2026.
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Asif Patel
Holiday lets – Business rates or council tax?
Landlords letting holiday accommodation may be able to pay business rates rather than council tax on their property.
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Asif Patel
SDLT and linked transactions
Special rules apply for stamp duty land tax (SDLT) purposes where there is more than one sale and purchase between the same buyer and seller.
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Asif Patel
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