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When a landlord buys a new property to let out, they may need to undertake some work prior to the first let, particularly if the property is tired or in need of updating. The extent to which relief will be available for the costs of updating the property will depend on the nature of those costs. Start of the property business If the property in question is the landlord’s first property, they will not have an existing property rental business. The property rental business norm

The normal filing deadline for the 2024/25 Self Assessment tax return is 31 January 2026. However, if you have some tax to pay under Self Assessment and you also pay tax under PAYE, if you file your return by 30 December 2025, you may be able to pay what you owe through an adjustment to your tax code rather than through the Self Assessment system. This may be the case if, for example, you are employed or receive a pension and also have some income from self-employment or prop

By Sam Niranjan & Co – Chartered Certified Accountants If you own rental properties or are planning to expand your portfolio, choosing the right property tax accountant  can make a huge difference — not only in staying compliant but in reducing your overall tax bill. Here’s what to look for when finding a reliable property tax accountant in the UK: 🔎 1. Look for Property Tax Specialisation Not all accountants understand property taxation. Choose someone who: Deals regularly