Investing in property can still provide a strong return, but it needs careful planning to achieve the best outcomes. Just buying new properties without a clear strategy would be risky. While it is true that rates of interest continue to increase, as do many of the costs associated with being a landlord, with the correct […]
New VAT penalty regime – What do you need to know?
HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.
Avoiding obstacles with the Construction Industry Scheme
Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).
The energy price cap and what to expect from your energy bills
Household energy bills are being capped by the government at £2,500 per year (from £1,971) from October 1st, to combat soaring costs. Prior to the announcement, energy bills were expected to rise to £3,549 per year. The energy price cap will apply for 2 years to all households in England, Scotland and Wales. However, the […]
Government rent reform causing concern among landlords
A recent survey, published by Goodlord and Vouch, has revealed that the government’s rental reform white paper is worrying landlords, agents and tenants across the country. The rental reform white paper, published in June, was created to explain the government’s plans to reform the private rental sector and level up housing quality. However, the feedback […]
Scotland’s rental crisis and the effect on buy-to-lets
Scotland has seen a dramatic increase in rental prices in recent years, as the shortage of homes has led to tenant bidding wars and price surges. The situation is most extreme in Scotland, but it is starting to become a problem in other parts of the UK as well. The recent legislation changes in Scotland […]