Tenants’ Fees Bill to go ahead, Queen announces

A proposed ban on letting agents’ fees for tenants has been confirmed by the Queen in The Queen’s Speech, the formal ceremony which signals the start of the Parliamentary year. The government hopes the ban will give renters a ‘fairer deal’, while encouraging transparency and greater competition in the sector. A draft Tenants’ Fees Bill will be published ‘later this year’, and the bill is likely to

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ATED confusion needs clarifying, buy-to-let brokers told

Some accountants have been wrongly telling buy-to-let residential landlords that they need to pay ATED, according to industry experts. Now buy-to-let brokers are being pushed to clarify these tax rules for landlords, while accountants are being told to make sure they are familiar with all the latest tax changes affecting the buy-to-let sector. The government

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What landlords should know about Annual Tax on Enveloped Dwellings (ATED)

In 2013 the government introduced ATED, an Annual Tax on Enveloped Dwellings. This tax applies to residential properties owned either partly or completely by a company, a partnership, or any other investment vehicle. The term ‘Enveloped Dwelling’ refers to a residential property that is owned or ‘enveloped’ within a corporate wrapper. Initially, the tax only

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3 best co-working spaces for freelance workers living in Westminster and Pimlico

Co-working spaces have changed the face of freelancing. You may have chosen the freelancing route, but that doesn’t mean you want to be cut off from the world, glued to your laptop within the private confines of your home. Seclusion isn’t necessarily the solution for increased productivity. Co-working spaces open up opportunities for freelancers, both

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78% of landlords grasp implications of changes to tax relief

78% of residential landlords understand what the changes to mortgage interest tax relief involve, as confidence grows in the buy-to-let sector. As landlords gain clarity over what their obligations are in the wake of tax changes affecting the buy-to-let sector and explore their options in an effort to protect their profits, confidence levels are rising.

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