UHY Ross Brooke Chartered Accountants
116,000 buy-to-let properties were lost from the UK residential sector last year, and around 70,000 buy-to-let landlords exited the market. Why are so many landlords selling their rental properties? Tax breaks for landlords have been whittled away over the last few years, tenants’ legal rights have improved and many landlords
Finance Act 2021 legislated for the temporary 130% super-deduction for companies acquiring new plant and machinery announced in the Spring 2021 Budget. This applies where the expenditure is incurred between 1 April 2021 and 31 March 2023. This means that a new machine that cost £100,000 will reduce the company’s
In an unexpected offer of generosity, as part of the Chancellor’s spring budget, temporary ‘super’ capital allowances were announced with a view to kick start the post-Covid recovery. Nolan Masters sets out what this means for different property owners, occupiers and investors, in terms of who is likely to benefit
In recent years buy-to-lets have become increasing popular with seemingly everyman and his dog looking for a piece of the action, but the Autumn Statement contained a slap in the face for potential buy-to-let Landlords. Following on from his shock announcement earlier in the year that higher rate tax relief
Owners of commercial properties, whether used in their own business or let to tenants could be sat on a tax goldmine and not even be aware of it. What tax relief? Experts estimate that property owners in the UK could be missing out on tax relief worth billions of pounds