Latest Property

What you need to know now 6th April 2026 has arrived Making Tax Digital for Income Tax (MTD for IT) is no longer a distant change on the horizon — it’s officially here, and the rollout begins 6 April 2026. Whether you’re a sole trader, or landlord, this shift marks one of the biggest changes…

A new financial year comes with the renewal of individuals annual tax allowances. Below is a reminder of the allowances that will be refreshed on 6th April 2026 and which of these can be carried forward if they were not utilised in 2025/26.   Income Tax Personal Allowance = £12,570 Note – Please note that…

Annual Tax on Enveloped Dwellings (ATED) is an annual tax charge payable by companies, partnerships (with at least one corporate partner) and certain collective investment schemes that own UK residential properties exceeding £500,000.   The annual chargeable period starts on 1 April each year and both a return should be submitted online to HMRC and any tax paid within one month of the start of the chargeable period to…

Tax payers who are mandated into MTD for IT are those who submitted a Self Assessment Tax Return for the year 2024/25 with total qualifying income from sole trade or property in excess of £50,000.   There are cases where these income levels may have dropped below the £50,000 threshold or ceased completely. Here are…

Here we share frequently asked questions regarding Making Tax Digital for Income Tax.   Am I Affected by MTD for Income Tax? If you are self employed or have rental income which combined turnover (qualifying income) in excess of specific thresholds, you are affected by MTD for IT.   What are the thresholds and when…

From November 2025 HMRC have been sending taxpayers further letter to help raise awareness of the introduction of MTD from April 2026. Making Tax Digital for Income Tax (MTD for IT) registration is mandatory for self-employed individuals and landlords with a combined annual gross qualifying income over £50,000 from 6 April 2026.   HMRC will…

What You Need to Know If you received a letter from HM Revenue & Customs (HMRC) recently that mentions Making Tax Digital (MTD) for Income Tax, don’t worry. It’s an important update, but it’s something you can prepare for. HMRC is steadily rolling out communications to taxpayers who will need to use the new digital…

What To Expect In Issue 9 of Our Property Matters Newsletter The November 2025 Budget certainly had a few surprises for landlords, however is this in itself a surprise now for the sector?   Looking back, since 2017 there have been many changes which have greatly affected landlords, whether this relates to the phase in…

In the recent Budget there was the announcement of a new “Mansion Tax” to affect properties in England valued at over £2 million from April 2028, which will allow for the government to assess which properties will actually be liable. It is estimated that around 145,000 properties meet the description of high value and will…

What now for Landlords Making Tax Digital for Income Tax (MTD for IT) will finally begin from 6 April 2026, when it becomes mandatory for landlords and the self-employed whose gross combined is over £50,000 in the tax year to submit quarterly returns to HMRC. The recent Budget brought some important changes in regard to…