On the 1stOctober 2018 mandatory HMO licensing comes into force in England for every HMO. This requires Landlords to apply to their local authority for a license which could cost between £500 to over £1,000 per property. As well as adhere to minimum room sizes of...
The MASSIVE headline in the Daily Mail today is that ‘Landlords face a tax rate of up to 66% on rental profits, stoking fears that many will ditch buy-to-let’ – http://www.dailymail.co.uk/property/article-6114105/Landlords-face-tax-rate-66-rental-profits.html...
I’m sure that it’s the number 1 thing that fills A LOT of Landlords with dread… Tax! As the tax burden for Landlords is increasing year on year, we need to make sure that we (as Landlords and Investors) deduct all the allowable expenses that...
It’s that time of the year again, the time when you REALLY REALLY need to get your accounts done. Yes, the 2017/18 tax year ended on April 5th, 2018, and to make sure that you are on the ball you should definitely be working on getting your end of year accounts done...
Accounting and Finance seems to be in my stars this week. Everyone is talking to me about it and how to get their accounting and finances right and also I am dealing with it at NC Real Estate on a huge level. As you should all be aware, it was the end of the tax year...