A Handy Guide to Understanding Property Tax in the UK

Investing in and renting out buy-to-let property can be exciting and endlessly profitable – but residential property letting isn’t without its tax and compliance burdens.

Being a successful landlord requires in-depth knowledge, skilled management and a keen understanding of the tax implications and expenses involved.

Fortunately, our experts at Moore Thompson have put together a free residential property letting guide to help shed some light on how you could get the most out of your experience.

Our free guide offers the Moore Thompson team’s specialist take on:

  • How tax is calculated and when tax is due
  • What qualifies as ‘allowable expenses’
  • The differences between revenue expenses and capital expenses
  • The tax implications of renting out a room
  • Stamp Duty Land Tax (SDLT)
  • How Capital Gains Tax (CGT) works and how it might affect you
  • The tax reliefs that apply to furnished holiday lettings
  • How to succeed as a non-resident landlord
  • Annual tax on enveloped dwellings (ATED)
  • The Tenancy Deposit Scheme, and;
  • Much, much more.

At Moore Thompson, our team benefit from considerable experience with clients in the property sector and have links with a number of property management agents.

Our understanding of agent and landlord responsibilities, particularly with regard to taxation, makes us ideally placed to help you with your residential property matters.

Download our free residential property letting guide today, or contact a member of our team for a free consultation.