Watson Knipe Blog

Over the past few years, there have been many changes to tax relief on interest payments for buy-to-let properties. This has resulted in landlords and property investors looking for more tax-efficient ways to manage their property investments.

We have partnered with a software provider Hammock and quite a few of our landlords and property Investors have started to use this platform as it has helped them to manage their property portfolios more effectively.

The Capital Gains Tax (CGT) and Inheritance tax (IHT) thresholds have been frozen until April 2026. In this article, we summarise what you need to know about both these taxes.

We have reviewed the latest Zoopla UK Rental Report and created a summary of the key points that will interest landlords and property investors.

If you have tenants in your properties that claim Universal Credits, then it is important to know about the change in the payment process which is being proposed. The changes will apply to any new applications for rent arrears payments.

This week we received the latest Zoopla Rental Market Report for Q4 2021, and so we have summarised some of the key findings which we think will be of interest to landlords and property developers.

In April 2020 change in legislation meant that landlords could no longer deduct mortgage expenses from their rental income. This meant that they had to pay more tax than in previous years.

This is a summary of the latest update issued by Zoopla, which we think will be of interest to Landlords and property investors. 

We work with a lot of landlords and property investors in the East Midlands and London, so we keep abreast with how the rental market is performing. Here is a recent update for November 2021 which will be of interest if you have properties that you rent.

Rishi Sunak announced the Autumn Budget and Spending Review which covers many different areas from Personal Tax, Employment, Business Tax and Capital Taxes. We have pulled out two key areas that will be of interest to landlords and property investors.

We have supported landlords and property investors for many years. We know that managing finances and keeping track of income and expenditure can be difficult.

We like to keep our clients and contacts up to date with property sector updates. Here are a few key headlines that we have found recently which we think will be of interest to you.

Many of you will have heard about the Government's plans for Making Tax Digital (MTD). We have written this article to explain what this will mean for landlords and property investors.

Over the past few years, there have been several changes to tax rules for residential landlords. This means that anyone investing in buy-to-let properties either for the first time or as they build their portfolio should take the time to understand the impact on their potential earnings from a rental property.

It is important to understand what Capital Gains Tax is and the changes that were made to this in 2017.  Capital Gains Tax is a tax that taken from any profit that you make when you sell (or ‘dispose of’) something (an ‘asset’) that has increased in value. It is not based on the amount of money you receive.

Here is a quick explanation of what Stamp Duty Land Tax is and the changes that were introduced in November 2017.  You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England, Wales and Northern Ireland.

If you are a landlord and own any properties in the Nottingham City boundary, then you need to be ready for the new Selective Licensing Scheme which is being introduced by Nottingham City Council.

An Energy Performance Certificate (EPC) tells you how energy efficient a building is. The rating is from A to G, A being the most efficient. By knowing the EPC of a building, you will know how much it will cost to heat and light a building as well as what the likely carbon emissions will be.

Houses in Multiple Housing (HMOs) are rental properties where a number of people live together but are not related. For example:

This year we have kept you up to date with changes that have affected landlords in 2018, these included Licensing reforms for HMOs and Energy Performance Certificates for Landlords.