Self Assessment Tax Returns Landlords
Property Rentals and Tax
If you have an income generated from renting out your property, you will probably be required to file a self assessment tax return!
Holiday Homes
If your are renting out a holiday home and are receiving income you may be required to submit a self assessment tax return to HMRC. Please contact us for further details!
Airbnb
Airbnb is increasing in popularity. It is a fantastic opportunity for homeowners to rent out to holiday makers. Contact us for further information regarding tax issues surrounding Airbnb. We are up to date on all allowances available.
Rent a room relief
Hmrc have introduced rent a room relief. This effectively allows an individual to lodge at the same property without incurring any tax liability for the first £7500 subject to certain conditions.
Capital Gains Tax
Selling your second property that is not your main residence. It is highly likely that this will attract a Capital Gains Tax. Contact us for further advice and a Free no obligation appointment!
Self Assessment Tax Returns for Landlords
Please feel free to contact us to arrange a free appointment with our Accountant in Cardiff. Fully up to date with all tax legislation and allowances whatever your individual circumstances!