The Annual Tax on Enveloped Dwellings (ATED) is a tax on high-value residential properties that are held within ‘an envelope’, such as company or a partnership with at least one corporate partner. The charge does not apply to properties held by individuals. The charge may potentially apply where a property in the UK which is […]
High Value Residential Property Let by a Company – Does the ATED Apply? Read More »
While the intention is to make a profit from letting out a property, this is not a given, and a landlord might instead realise a loss. Where this is the case, can the loss be utilised to save tax? Calculating the loss Any loss arising from the property rental business is calculated in the
Relief for Rental Losses Read More »
Where a property is let out, there are likely to be periods when the property is empty, either between tenants or, in the case of a holiday let, between guests. Properties need to be maintained, and it is easier to undertake any work that may need doing, such as redecoration, while the property is empty.
Undertaking Work on a Rental Property while Empty – Can you Deduct the Costs? Read More »
