by ClearwaysAccountants | Jul 10, 2015 | Budgets and Autumn statements, Tax planning
Rent-a-room relief The summer budget of 2015 has increased the rent-a-room relief from £4,250 (which has been unchanged for 18 years) to £7,500 making renting part of your private residence much more attractive. This would equate to a £625 monthly room rate. This...
by ClearwaysAccountants | Jan 9, 2014 | Landlords, Tax Tips
Do you own a buy-to-let property? Normally a business will claim capital allowances on any plant and equipment purchased for use in the business. You cannot make a claim for capital allowances if the equipment is for use in a dwelling house i.e. in a buy-to-let...