Let Property Campaign (LPC): A Comprehensive Guide for Landlords
Introduction: As a landlord, it is crucial to ensure that your tax obligations are met and your rental income is properly declared. The Let Property Campaign (LPC), launched by HM Revenue & Customs (HMRC) in 2013, offers an opportunity for landlords to Disclose any previously undeclared rental income and bring their tax affairs up to […]
What Expenses Can Landlords in a Property Rental Business Claim Back?
In this article, we look at a checklist of expenses incurred by a landlord in a normal property rental business that can be claimed for tax purposes. While the list is non-exhaustive, nevertheless, it should serve as a useful guide to provide some insights and tips on how to avoid some common traps. Before presenting […]