An overhaul of property residence relief rules could quite likely hit smaller landlords with much higher capital gains tax bills when they sell their property than previously. At the present moment, you can claim up to £40,000 in capital gains tax relief if you sell a property that is your main home or has been […]
On 8 January 2019 the Council’s Cabinet approved recommendations to conduct a consultation on proposals to designate certain sections of the city as subject to Selective Licensing for privately rented properties under Part 3 of the Housing Act 2004. The consultation commenced on 9 January 2019 and ended on 20 March 2019. Following the outcome […]
Regulation 9 of the Licensing and Management of Houses in Multiple Occupation and other Houses (Miscellaneous Provisions) (England) Regulations 2006 On 8 January 2019 Coventry City Council met and it was unanimously approved to conduct a consultation on proposals to designate the whole of the area subject to additional licensing for HMOs under Part 2 […]
Having read and seen the statistics for the Coventry area it seems that whilst everywhere is following an upwards trend in rentals that the government Efforts to make investing in the private rental sector by making it more expensive is having the predicted effect. Landlords and letting agents have had a fair amount of legislation […]
What buy to let tax needs to be paid as a property investor? I feel that this is a good place to start by asking this question. After all, this is what our property accountants are asked each time they speak with clients. We need to understand the types of taxes involved when trying to understand […]
Top 5 reasons why Optimise Accountants tell clients to use a letting agent You may have a lot of time consumed by worrying about your job, the daily grind of your business activities, looking after all the family matters. This is even before you start to think about yourself. This is why it is important […]
