Tax & Other Financial

The Joseph Rowntree Foundation has published its annual UK Poverty report which outlines a concerning situation of poverty in the UK, emphasizing the challenges faced by various demographic groups and regions. It also suggests a need for comprehensive and...

Brighton and Hove City Council has decided to double council tax for second homes and empty properties starting from the 2025-26 financial year. The decision, made at a committee meeting, was enabled by the Levelling Up and Regeneration Act 2023, which allows councils...

Airbnb's has committed to sharing hosting data with HMRC (Her Majesty's Revenue and Customs) to ensure hosts pay their fair share of taxes: Continued Data Sharing: Airbnb has stated that it will continue to share hosting data with HMRC. This decision is attributed to...

The latest data from Zoopla outlines positive trends in the UK housing market.  Here's a summary: Increased Buyer Demand: Buyer demand in the UK has risen by 12%, contributing to a resurgence in the housing market. This demand is spread across all regions and...

Landlord Today has published an article by Sarah Coles, head of personal finance at Hargreaves Lansdown, on expert tax info for landlords. The article can be read in full here, and provides information on seven tax traps that individuals may face when transitioning...

In their latest trading update, Paragon Banking Group reported: "We have seen an encouraging start to the financial year with improved customer sentiment leading to rising enquiry levels. We expect this to translate to improving volumes as the year progresses. New...

Mortgage Advice Bureau (MAB) has issued a trading update for the year ended December 31, 2023, ahead of its final results publication on March 19, 2024. The Group now expects to report an adjusted profit before tax that is slightly ahead of the current market...

HM Revenue and Customs says that its latest data - one week ahead of the January 31 Self Assessment deadline - shows 3.8m people yet to file their tax return. Many thousands are believed to be landlords. HMRC says it’s expecting more than 12.1m tax returns to be filed...

The Office for National Statistics has published its index tracking the prices paid for renting property from private landlords in the UK. It shows that: Private rental prices paid by tenants in the UK rose by 6.2 per cent in the 12 months to December 2023, unchanged...

Eleanor Harvey has published an article in the BuyAssociation starting 'Three areas in particular have seen rental yields surge – Wales, the north west and Yorkshire and the Humber – pushing up the average for buy-to-let landlords.' You can access the full article...