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Month: February 2020

February 21, 2020

Non-Resident Landlords (companies) will start paying corporation tax rather than income tax on their profits from 6 April 2020. HMRC has released new guidance concerning this change. Key points to note from the guidance are that: HMRC is automatically registering non-resident landlords for corporation tax and issuing a corporation tax unique taxpayer reference (UTR). Companies should...

February 16, 2020

What is Let Property Campaign?   HMRC’s Let Property Campaign gives an opportunity to landlords to bring their tax affairs up to date.Let property campaign is basically for the property landlords who have failed to disclose rental income. Let property campaign:A Voluntary disclosure: The landlords are supposed to tell HM Revenue and Customs (HMRC) about...

February 14, 2020

IR35 self-employed tax reforms may damage the U.K’s economy   HM Revenue and Customs announced a slight delay to IR35 off-payroll working rule reforms. What is IR35? IR35 refers to the United Kingdom’s anti-avoidance tax legislation designed to tax disguised employment at a rate similar to employment. IR35 self-employed tax changes will come into effect...

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Leeds: 94 Street Lane, Leeds

Birmingham: 9 Sheaf Lane, Coventry Road, Birmingham

London: Suite 2462, Unit 3A,34-35 Hatton Garden,London, EC1N 8DX

Bradford: 22 Muirhead Drive, Bradford, BD4 0HJ

Batley: 504B Bradford Road, WF17 5JY
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