Tax Questions

		Statistics	Last Post
Calculating Tax for Property Tax - Can Expenses include Losses at Shares and Joint .. by alenuk Started by alenuk, 27-12-2014, 21:25 PM	6 responses 811 views 0 likes	Last Post by theartfullodger 02-01-2015, 11:24 AM
Can I claim back tax on renovations to inherited house by mumto2 Started by mumto2, 31-12-2014, 09:24 AM	4 responses 1,652 views 0 likes	Last Post by jpkeates 31-12-2014, 11:27 AM
Capital Expenditure or repair? by Valley_Commando Started by Valley_Commando, 28-12-2014, 18:01 PM	6 responses 1,106 views 0 likes	Last Post by Valley_Commando 30-12-2014, 18:26 PM
Claiming Interest on SA by ssingh Started by ssingh, 28-12-2014, 03:20 AM	5 responses 657 views 0 likes	Last Post by King_Maker 28-12-2014, 13:39 PM
Home loan on main residence used as a deposit for BTL by marplasto Started by marplasto, 25-12-2014, 19:29 PM	3 responses 655 views 0 likes	Last Post by Claymore 27-12-2014, 18:12 PM
What if your accountant makes an error? by Ericthelobster Started by Ericthelobster, 26-12-2014, 09:19 AM	3 responses 771 views 0 likes	Last Post by theartfullodger 26-12-2014, 12:57 PM
Plumbers bill, deposit paid in March, balance paid in April after works completeed by prcoop Started by prcoop, 23-12-2014, 12:37 PM	1 response 533 views 0 likes	Last Post by jjlandlord 23-12-2014, 12:53 PM
Some self assessment questions - Rounding errors and rebates. by Landlady3 Started by Landlady3, 21-12-2014, 16:50 PM	7 responses 1,865 views 0 likes	Last Post by mattl 23-12-2014, 11:00 AM
Selling Rental Property - Can you claim for estate agent or solictors fees? by Landlady3 Started by Landlady3, 07-12-2014, 15:32 PM	3 responses 1,077 views 0 likes	Last Post by jpkeates 21-12-2014, 15:08 PM
Possible to carry forward first year loss from 13/14 tax year without income? by militantconsumer Started by militantconsumer, 19-12-2014, 20:36 PM	2 responses 822 views 0 likes	Last Post by MisterB 20-12-2014, 08:34 AM

Reply to Will they raise taxes again?

by theartfullodger

Taxes bound to go up, huge amounts to pay for Covid & BR*X*it. Death & taxes, death & taxes.

Holding off working out my position, wishing to remain cheerful for Christmas.

Best wishes to all...
- Channel: Tax Questions
28-11-2021, 10:45 AM
Will they raise taxes again?

by JK0

My accountant just finished my 2020/21 tax return, and my income is half of the previous year. I did not think it would be quite that bad. (Half my tenants moved out, and I had a job to replace them. Plus had to get fourteen EICR's!)

I'm guessing you guys are in a similar boat. Never mind...
- Channel: Tax Questions
27-11-2021, 20:20 PM
Reply to Will they raise taxes again?

by Neelix

^^ please don’t take this the wrong way but £10 k down on what turnover or number of properties?

i’ve done a lot of EICRs and remedial work over the last 18 months and a lot of it was because properties hadn’t been inspected and some were just dangerous....
- Channel: Tax Questions
28-11-2021, 10:29 AM
Reply to Will they raise taxes again?

by jpkeates

I'm about £10k down and it's mostly electrical work.

I can't see this government putting up taxes anymore before the next election, although there's nothing to say that they won't figure out how to tax landlords more specifically - there's few votes lost there.

My candidate...
- Channel: Tax Questions
28-11-2021, 10:07 AM
Reply to Will they raise taxes again?

by Neelix

That's a lots of unsatisfactory EICR's and remedial work - so not annual costs!...
- Channel: Tax Questions
28-11-2021, 09:00 AM
Reply to Will they raise taxes again?

by Neelix

Wow.

So that must be lots of unsatisfactory reports and lots of remedial work.

so not annual Costa...
- Channel: Tax Questions
28-11-2021, 08:31 AM
Reply to Will they raise taxes again?

by jpucng62

Clearly you were a bit behind on your electrical work!...
- Channel: Tax Questions
28-11-2021, 06:58 AM
Reply to Will they raise taxes again?

by JK0

The EICR's cost around £12k in total....
- Channel: Tax Questions
27-11-2021, 22:48 PM
Reply to Will they raise taxes again?

by Neelix

14 EICRs isn’t going to dent the income from 14 properties

its the void periods that cost you...
- Channel: Tax Questions
27-11-2021, 22:37 PM
Reply to Corporation Tax

by Thurrock1

jpkeates,

the other directors can't withhold information from them - I am my husband's agent as he has dyslexia and has difficulty with all this. This has been explained to the director but he does not like me and chooses not to recognise in that case anything I/my husband writes.
...
- Channel: Tax Questions
25-11-2021, 09:39 AM

Latest Topics