05/01/2022Landlord , Property , Tax Issues
The income you earn from land or property, along with the rental income gained from renting a part of a flat or house (like a single room) is known as property income. It also includes income generated from caravans or houseboats. Similar to other incomes, it is also taxed in the UK, unless the property …
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There are multiple cases in which we find the landlords confused about section 24. This is also known as the tenant tax. This basic guide will help you understand section 24 in a better way. Section 24 was introduced in April 2017 by the Government. If we explain in simple words, the right of deducting …
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The landlords can have more occupants and earn more rental revenue by letting an HMO (House in Multiple Occupations). However, there are many rules and responsibilities like minimising size requirements, overcrowding, and licensing to HMO landlords. To know more about HMOs’ responsibilities, read this blog till the end. Talk to one of our chartered accountants …
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12/08/2021Property , Tax Issues , VAT
If you’re a property developer, you can cut down the cost of VAT by reclaiming VAT on property development. But to do it, you need to be well aware of the applicable VAT rules for your development project. With the different VAT rules for new builds, commercial properties, sale, and lease of the property, it …
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Aamara Waqas2023-08-27Caroline Oake2021-11-14James Smith2020-08-11For 15 minutes work Mr Burke started with 150+VAT per hour for two hours to quoting 600+VAT.Maurizio Paolella2019-12-08Reliable professionals - I would certainly recommend.Anna Ruse2019-11-21After meeting Peter Burke at a local Networking group, Cruse & Burke Accountants have been handling my self assessment tax returns, since I started working on a self employed basis over 6 years ago. They are efficient and everything is done quickly and professionally, which is great for me, as I would otherwise not have a clue how to complete them myself. I can definitely recommend their services.Alan Harwood2019-10-22John Agbai2019-06-26Very professional and knowledgeable in all aspects of taxation. A great team to have onside.Simon Piller2019-04-03Susan provides a very efficient payroll service for me.Johanna Cargill2019-01-21Excellent, no complaints. Always willing to help!Rebecca Smith2015-04-20Fantastic customer service, would 100% recommend!!
