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Tax treatment of rental deposits
When renting out a property it is usual to take a deposit from the tenant to cover the cost of any damage to the property by the tenant.
 • Asif Patel
Directors’ loan accounts – The 30-day rule
Interest rates are coming down, but HMRC’s official rate of interest (ORI) for employee loans has increased to 3.75% per annum (6 April 2025) and, as of…
 • Asif Patel
Securing tax relief for the costs of evicting tenants
Having tenants who refuse to leave despite being given a valid Section 21 or Section 8 notice is a nightmare for a landlord and places them in the…
 • Asif Patel
Time to Pay for Simple Assessment
A Simple Assessment is used for taxpayers with very straightforward tax affairs.
 • Asif Patel
Effective date of VAT registration
Businesses must register for VAT when their turnover exceeds the registration threshold (currently £90,000).
 • Asif Patel
Spotting signs of umbrella company fraud
An umbrella company is a business which may be used by a recruitment agency to pay temporary workers.
 • Asif Patel
Registering for Self Assessment
If you are new to Self Assessment and need to submit a tax return for 2024/25, you will need to register for Self Assessment.
 • Asif Patel
Checking your tax code
The tax code is fundamental to the operation of PAYE.
 • Asif Patel
Major repairs to a let property – What is deductible?
The nature of buildings is such that it may be necessary to undertake significant repairs, such as the replacement of the roof, or even underpinning the…
 • Asif Patel

November 2025

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