Category: Tax on Property Income

SDLT and First Time Buyers
Tax on Property Income
Jenny Holmes

SDLT and First Time Buyers

First-time buyers are able to benefit from Stamp Duty Land Tax (SDLT) relief when they buy their first home – but only if the property that they are buying does not cost more than £500,000.

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Tax on Rental Income
Tax on Property Income
TaxAccountantmain

Tax on Rental Income

New rules means that certain financial costs will be more restricted in the future and primarily affects mortgages, loans and overdrafts. This is being phased in from 2017 and will be complete by 2020.

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Capital Gains Tax – Making Sense
Tax on Property Income
Jenny Holmes

Capital Gains Tax – Making Sense

Just as for individuals, businesses pay tax on assets that are disposed of. Assets may be partially or fully owned by the business. Businesses that this applies to include the self-employed, sole traders and business partnerships.

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