Buy To Let property expenses

Some accounting tips

SDLT Threshold Increase

Temporary increase in SDLT residential property threshold

The stamp duty increased threshold has been extended until 30 September 2021, with the most favourable increases ending on 30 June 2021. While house sales are taking longer than average, you should still have time to take advantage of the savings.

There’s still time to save on stamp duty tax if your house purchase completes by 30 September 2021. #StampDuty #PropertyMarket

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SEISS extended again

SEISS extended again

The Self Employment Income Support Scheme (SEISS) provided help the self-employed whose businesses were adversely affected by Coronavirus. The second payment under the scheme, which

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More time to pay back deferred VAT & Tax

More time to pay back deferred VAT & Tax

In today’s blog we cover the new instalment option for deferred VAT that was announced in the Chancellor’s Winter Economy Plan. However, whether the instalment option is chosen or not, the deferred VAT will need to be paid in addition to the usual VAT payments, and it is prudent to budget for this.

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Rent-a-room relief

Rent-a-room relief

Did you know you can earn up to £7,500 #TaxFree by renting out a spare room? You don’t have to declare it to #HRMC – find out more here. #RentARoomRelief

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Latest measures to support jobs

Latest measures to support jobs

The high cost of the Job Support Scheme might end up costing rather than saving jobs with employers having to pay up front and for one-third of hours that aren’t worked. What do you think of the scheme?

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