There are a variety of expenses that can be deducted when calculating your net rental profit. Anthony takes a look at these in his blog on Reporting Rental Income!
From the 2020/21 tax year onwards, no deduction will be allowed for mortgage interest in calculating the rental profits.
On Friday 28 August, the team at Plus Accounting took a trip to Brighton Footgolf for a fun and competitive social activity!
Following Rishi Sunak’s Summer Statement on Wednesday, we have produced a summary of the main announcements in a downloadable Economic Update.
From 6 April 2020 the capital gains tax regime on the sale of residential property will be changing. In this blog., Anthony looks at these changes to Capital Gains Tax Calculations and Reporting Requirements.