Business rates on empty properties

Business rates on empty properties

As a landlord you may have lost income during the pandemic as tenants have left or gone into liquidation. Council tax (for residential properties) and business rates (for commercial premises) remain payable when a building is empty but there may be reliefs available....
How to report employee benefits

How to report employee benefits

Employee expenses and benefits provided in the year to 5 April 2021 must be reported to HMRC by way of the P11D process by 6 July 2021. Every employee who received benefits or expenses in the year should be included in that process even if they have already left the...
Problems with holiday lets

Problems with holiday lets

Landlords of furnished holiday accommodation qualify for tax breaks if their property is available for short term lettings for at least 210 days a year and is actually let for 105 days in the year. Longer lets out of season are permitted but these must not exceed 155...