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CIS deductions not made – what happens now?
If a contractor has not made the appropriate CIS deductions from the payments made to subcontractors, HMRC can issue a ‘determination assessment’ in…
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Asif Patel
MTD for Income Tax: Jointly held property
If an individual meets the qualifying income test, they will be mandated to comply with the Making Tax Digital for Income Tax (MTD for IT) Regulations.
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Asif Patel
Overview of VAT on Construction Services
The default position for the VAT rating of construction services is that they are standard-rated (20%), but in some circumstances they can be zero-rated…
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Asif Patel
Annual Tax on Enveloped Dwellings (ATED)
If you are considering incorporating your property business, one of the considerations should be Annual Tax on Enveloped Dwellings (ATED).
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Asif Patel

June 2025

The benefits or otherwise of voluntary VAT registration
Many businesses strive to keep their turnover under the VAT registration limit (currently £90,000) because not only are they wary of the additional…
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Asif Patel
Calculating a director's National Insurance contributions
For most employees, National Insurance contributions (NIC) earnings periods are calculated based on their regular pay intervals.
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Asif Patel
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
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