Taxing Times

Advice on How to Rent Out a Room While Shutting Out the Taxman

By David King Tax Consultant

There are tax breaks for those deriving a rental income from letting a room in their own home...read more

Residential Property Letting

With the Pre Budget Report still fresh in our consciousness, it is clear that there is a big gap in the Treasury’s finances.  Whilst the coming hike in National Insurance will not affect income from lettings, it is hard to see where the tax grab will end, if spending is not to be reined in...read more

How to avoid losing money down the generation gap

It is now a fairly common scenario for a property to be occupied, on either a temporary or permanent basis, by a relative of the legal owner...read more

The Deferred Lease’ Strategy

‘No-one enjoys paying tax, but in recent years Inheritance Tax has proved to be a particularly unpopular charge, and it is easy to see why.  Apart from generally being...read more

What the television property programmes don’t tell you

Lets consider the situation where someone who is not trading as a property developer, acquires residential property and at a later date, perhaps after a programme of improvement works, sells at a profit...read more

Keep the Taxman’s hands off your business premises !!