Whether you let a single residential property or have a portfolio of many properties, it is essential to understand how your UK rental income is taxed.
There are various business models like buy to let property business, furnished holiday let, granting of a lease or simply letting a room or garage in your house. Each of these models has its specific tax implications.
Deciding on what qualifies as an allowable expense or what relief can be claimed can be difficult. However, our team of qualified and experienced tax advisors can help you make the right decision. As a result, you can save tax where possible and be compliant with the UK tax laws.
We cover all the aspects of lettings as;
Buy to Let Property Letting
Renting your home
Furnished Holiday Letting
Rent a Room
Commercial Letting
Granting a short Lease
Income from shooting range
Income from rivers used for fishing