by Andrew Totton | Jul 15, 2021 | Uncategorized
Buying a Furnished Holiday Letting (FHL) rather than an ordinary residential property for letting out, can bring you a number of tax advantages, including the ability to claim mortgage interest costs as a tax deductible expense, capital allowances, business rate... by Andrew Totton | Jun 10, 2021 | Uncategorized
The press have reported Airbnb UK will be sharing earnings of Airbnb hosts with HMRC for 2017-18 and 2018-19 tax years. The information shared will be used to target enquiries for individuals who have not declared rental income. It has been confirmed by HMRC enquiries... by Andrew Totton | Apr 23, 2021 | Uncategorized
HMRC are employing a new tool in their bid to capture more tax revenue . . . a Nudge Letter. Taxpayers need to be aware of these, and know how to deal with them. A Nudge Letter is an alternative to a full enquiry into a tax payer’s affairs, that HMRC traditionally use... by Andrew Totton | Mar 4, 2021 | Uncategorized
The Budget – March 2021 Following an unprecedented year of furlough and lockdowns, at AJ Accountancy we were eager to hear what the Chancellor of the Exchequer, Rishi Sunak had to say when he delivered his second budget on Wednesday 3rd March 2021. Coronavirus... by Andrew Totton | Feb 5, 2021 | Uncategorized
See our handy guide to determine whether the new rules impact you VAT-Reverse-charge-for-building-and-construction-services-March-2021Download
